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The Life of a Loan
The life of a loan is a series of steps or processes that we follow in order to approve, process and close your
loan. This process ensures an efficient and hassle-free transaction.
> Initial Consultation
> Client Education
> Collection and review of loan documentation
> Application
> Client Education
> Collection and review of loan documentation
> Application
> Order vital documents (appraisal, title, survey, etc)
> Communicate with vital parties
> Borrower obtains homeowner’s insurance
> Obtain final commitment from lender
> Communicate with vital parties
> Borrower obtains homeowner’s insurance
> Obtain final commitment from lender
> Review final paperwork verifying accurate costs
> Signing of documents
> Borrower brings certified funds to table
> Borrower moves into home (purchase only)
> Signing of documents
> Borrower brings certified funds to table
> Borrower moves into home (purchase only)
> Call FCM with any questions
regarding first payment,
lender statements, etc.
regarding first payment,
lender statements, etc.