About the Loan Process

There's no question that getting a mortgage loan is a complicated process. You wouldn't be visiting our website if you could complete a simple application and get a great loan check cut the same day. We do the heavy lifting for you, so you can concentrate on what's important — preparing to move into your new home or saving money.

There are four important steps involved in getting a loan.

Step one: Decide how much you can afford

A couple of factors determine this amount. How much of a monthly payment can you afford? And given your unique credit and employment history, income and debt, and goals, how much will a lender loan you? Use the calculators on our website to determine your monthly payment amount. We'll also help you through different scenarios by asking a few simple questions. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from.

Step two: pre-qualify for your loan

This is where the rubber meets the road and Executive Lending Group, LLC can really save you money. You will provide details on your employment, assets, and residence history. You'll give us your employment, asset, and residence history information. We will pull get your credit report and score (only after you give your permission, of course). After we've reviewed the provided information, we'll provide you with a pre-qualificaiton letter. Handle it with care — it is a great tool for buying your new home! Your agent should use your pre-qual (as they may call it) in order to make the best offer on the home you choose. While you're deciding on your new home, we are researching the loan that best fits your needs.

Step three: apply now! We make it easy

Once you have signed the offer and the sellers accept it, it's time to apply for the loan. Applying for your loan could not get much easier; you can apply any time right here on our site. After the offer has been accepted and you have submitted your loan application, we'll order the professional appraisal on the home.

Step four: your loan is funded

Your REALTOR® and the seller's will coordinate to designate a title company to take care of the funding of your loan. We'll work with this company to ensure all the papers your lender will need are in order, and you'll probably}likely sign everything at this company's officeWe do all the work to work with with this company to set your date of closing. Since you don't need to coordinate this process, you can think about moving, painting, carpet, and the fun parts of moving into a new house.

You've answered a few questions, given us lots of information, applied , and before you know it, you are deciding when to move in! We take care of all the loan details so you can focus on finding your new home.

Have questions about the loan process? Call Executive Lending Group, LLC at 8165258000. We answer questions about the loan process every day.