Page 1 - AAG128_Home Buying Process Flyer

While each buyer’s experience is unique
to their needs, goals, and circumstances,
the overall home buying process includes
about 10 steps:
The Home

Buying Process 1. Obtain a loan pre-qualification from AAG
before you go home shopping, so you’ll know
how much home you can afford

Buying a home is one of the most exciting and 2. Select a real estate agent, find your home,
important transactions of your life. At American negotiate, and finalize the purchase price with
Advisors Group (AAG), we are committed to the seller
providing a personalized one-on-one consultation
with a local Mortgage Planning Professional 3. Send your fully executed/signed
and explaining each step of the home financing purchase contract to your AAG
process. We will work with you from the point Mortgage Planning Professional who
will help you complete your loan
you are interested and looking for a property, application
to finding the home of your dreams, and then
applying for a loan with AAG. 4. Receive an itemized estimate to review, sign,

and return
To learn more, call today!
5. Your AAG Loan Processor will contact you to
collect required documentation, verifying
income and assets

6. Wait for the completion of your home appraisal
and title search, which AAG will order and
submit along with your loan application to
Underwriting

7. Provide AAG with proof of homeowners
insurance (and home warranty if required by
you)

8. Receive and review your itemized Closing
Disclosure (displaying all loan costs and terms)
after your loan has been approved

9. Head to closing where a Settlement
Agent/Escrow Officer will coordinate
the final loan documents with you,
AAG, and the sellers

10. Sign and initial lots of documents and, at the
end of this final step, prepare to receive your
new set of house keys

Congratulations, you’re a homeowner!

AAG128