Application Process

The next step in the process is the information gathering stage. By this time you have made the decision to move forward with applying for the loan.  Once again our experience really comes through here.  Through what will seem like general conversation combined with a brief question and answer period, we can walk you through the application process in a way that’s easy to understand and then assemble the information in a way that makes sense. Information gathered can generally be broken down into 5 categories:

  1. About the new loan (loan amount, purpose of loan...),
  2. Borrower(s) personal information (name, birthday, mailing address, income…),
  3. Security information (info about your real estate; value, current mortgage information…),
  4. Assets other than security (cars, boats, household goods...),
  5. Liabilities (a list of your total debts, monthly payments, misc. debts…)

If completing an application feels like a daunting task to you, don’t worry!  Our goal is to make it as painless as possible by walking you through it hand in hand.