The Home Loan Process
Demystifying Home Loans
If you haven’t experienced it before, the home loan process can feel overwhelming, but I will help you stay informed throughout the process, from pre-approval to closing. The first thing to do is consult with a mortgage specialist (or two). If you don’t already have someone in mind, I partner with some of the best lenders in the industry, and I’d be happy to introduce you, so you’ll be taken care of.
Finance with our Lender
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Asia Gibb
RMLO, Thrive Mortgage
NMLS #: 911826 | Branch NMLS #: 2393399
956-467-9241
Asia.Gibb@ThriveMtg.com
135 Paseo Del Prado Ste. 22 Edinburg, TX 78539
My goal and passion is assisting people to help them obtain or renovate their dream home. I have 14 years of experience in lending and customer service. I guide my clients and explain each program available and together we see what program best fits our clients. I communicate exactly what is to be expected through the process. Part of the customer service experience is making sure I'm always available for my clients and referral partners, and with all the technology available to us today it's quite easy to do. We will work together to help you get into your new home.
Languages spoken: English, Spanish.
Let's Get StartedGet Pre-Approval
Before you start looking for a home to buy, it’s a good idea to meet with your Loan Officer to get pre-approved for a loan amount. At this stage, the lender gathers information about income, assets and debts of the borrower (you) to determine how much house you may be able to afford. This includes a credit report, W-2 forms, pay stubs, Federal Tax Returns and recent bank statements. There are a variety of different loan programs, so make sure to get pre-qualification for the specific programs that best suit your needs.
I Help You Get The Best Loan
Start The Process
I’ll help you find the best local loan officer to get you competitive rates and the programs that best fit your individual needs. Fill out this form and I’ll connect you with a lender today!
Application & Processing
What happens when a loan goes "live"
When you find property you’re ready to buy, your lender will help you complete a full mortgage loan application, and talk you through the various fees and down payment options. The application is submitted to processing, where the documents are reviewed and appraisals and title examination are ordered. Then the loan is sent to an underwriter, who reviews and approves the entire loan if it meets compliance.
Closing
Signing and Finalizing the deal
Don’t be surprised if you’re asked for additional documentation or clarification throughout the process. Once your loan is approved, don’t forget to set up homeowners insurance. Your documents will be sent to the title company, where you’ll sign for the new home and pay any remaining costs. Then the loan is recorded and you get the keys. Congratulations, happy homeowner!
