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Applying for a mortgage is a key step in owning a home. When you understand in details how the loan process work, what to expect from your lender and what your lender will expect from you, you will help avoid any problems, misunderstandings and difficulties. This will bring you faster to your final goal - getting a mortgage, that fits best your financial needs.
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Get Ready To Apply For Mortgage
Prepare a list of documents most lenders will require in
order to process your mortgage application.
Documents for your mortgage application  (
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Pre-qualify For A Mortgage
Before you start looking at homes, you need to have some
idea of what you can afford.
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Apply For A Mortgage
Once you have selected a house and signed the purchase contract, you need to fill out and sign the Mortgage Application, that is widely used in the mortgage industry.
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Mortgage Approval
Your Mortgage loan application will be submitted to the loan processing department of your lender and then turned over to the underwriter. The Underwriter will make the decision to approve or reject your mortgage application.
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Closing
Your mortgage will normally close shortly after you have signed
all required mortgage documents.
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If you want to buy a new Real Estate in South Florida, or
you own a South Florida home, second home or investment
property, please take a look at our wide selection of mortgage programs and select the mortgage program that is suitable for your needs. We offer
also attractive terms on "cash-out" loan plans
for second homes and investment properties, where
you can borrow up to 80% of the appraised value of the
property (excluding any first mortgage balance). Each
mortgage program has several options and its own guidelines
depending on your personal needs, financial and credit situation.
Before you apply for a mortgage, please take a look at our
mortgage application helping tips .
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