Page 5 - KevinBriertonCaliber

The Mortgage Timeline
5
Sunday
Monday
Apply
Meet with Kevin & submit requested documentation
Offer Accepted! Be sure to send us the contract ASAP
Earnest $
Resubmit to underwriting for level 2 underwriting for final approval
FINISH LINE
Your loan funds & records! You are now a homeowner!
Tuesday
Pre-Approved!
Pre-approval sent to your Realtor
Loan Disclosures Sent
Lock in your rate & collect updated items, if needed
Level 1 Underwriting review completed. Kevin’s Production partner will convey any additional items needed
Final Cash to Close
We will communicate the final amount at least 24-48 hours prior to your closing
Wednesday
Appraisal & Home Inspection now is time to order your appraisal and home inspection
Appraisal Done Kevin will call with the news
Your Closing
Sign your closing documents at the title company
Thursday
Friday
Home Inspection
The home inspector will review the home to ensure of defects or pitfalls
Important!
E-sign your initial
Closing Disclosure “CD” required to be done min. of
3 days prior to signing closing docs
Saturday
Find your DREAM home & submit an offer
Appraisal Inspection The appraiser will compare your new home to others in the area
Buyer & Seller agree on all home inspection repair items
Level 2 Underwriting review completed. Final approval & send loan to closing department
MOVERS?
Don’t schedule movers for the morning.