The Loan Process: an Overview

	In the market for a new mortgage loan? We'll be glad to talk about our many mortgage solutions! Give us a call today at 512-699-4290. Ready to begin? Apply Now.

There is little doubt ; getting a mortgage loan is a complex process. You would not be researching mortgage loans if it were possible to get a loan in one day with a simple application. But United Lending LLC does the heavy lifting so you can concentrate on your life rather than the mortgage loan.

Getting a home loan involves four major milestones.

Step one: Decide on your maximum loan amount

A couple of factors determine this amount. What kind of monthly payment are you looking for? What is the maximum you can borrow from a lender, given your income and credit history? You can get a good idea of your preferred payment abount using the calculators on our website. We'll also help you through different scenarios by asking a few simple questions. Because lender guidelines are fairly standard, we can give you a good idea of how much you can borrow after a short conversation.

Step two: pre-qualify for your loan

This is where the rubber meets the road and United Lending LLC can really save you money. You will supply information about your employment, your assets, and your residence history. You'll supply information on your employment, asset, and residence history. We will get your credit report and score (only after you give your permission. After we've finished reviewing the provided information, we'll provide you with a pre-qualificaiton letter. With this letter, your REALTOR® will negotiate the best deal for your new home. The pre-qual letter gives you buying clout! While you're shopping for your new home, we are looking for the loan that best fits your needs.

Step three: apply now! We make it easy

Once you've made the offer and the sellers have accepted, it's time to complete the loan application. It's very easy, and you can do it online, right here on our site. When the time is right, we'll order an appraisal of your new home.

Step four: funding

Your REALTOR® and the seller's will work together to decide on a title company to take care of the funding of your loan once it's approved. We'll coordinate with this company to make sure all the papers your lender needs are avaiailable, and you will probably}likely sign everything at this company's officeWe work with with the title company to set your date to close. Since you won't have to worry with this coordination, you get to concentrate on moving, painting, carpet, and the fun parts of moving into your new house.

You've answered some few questions, given us detailed information, applied , and before you know it, you are deciding when to move in! United Lending LLC is in the business of mortgage loans; you're not — so take care of the details. Doesn't that sound nice?

Have questions about the loan process? Call United Lending LLC at 512-699-4290. United Lending LLC answers loan process questions every day.