The Loan Process
A clear, step-by-step guide from application to closing
Getting a mortgage doesn't have to be complicated. Alex walks you through every step so you always know what to expect — no surprises, no confusion.
Pre-Qualification
We start with a quick conversation about your financial situation, goals, and timeline. Alex will give you a realistic picture of what you can afford and which loan programs fit your needs — no credit pull required at this stage.
Pre-Approval
Submit your application and supporting documents. Alex reviews your credit, income, and assets to issue a pre-approval letter — giving you the confidence and credibility to make strong offers in a competitive market.
Home Search (Purchase Only)
With your pre-approval in hand, work with your real estate agent to find the right home. Alex is available throughout this phase to answer questions, run payment scenarios, and update your pre-approval letter as needed.
Formal Loan Application
Once you have an accepted offer (or are ready to refinance), Alex submits your formal loan application and locks in your interest rate. He shops multiple lenders simultaneously to ensure you get the best rate and terms available.
Appraisal & Title
A licensed appraiser determines the home's market value. For purchases, a title search confirms clear ownership. For refinances, a new appraisal establishes your current equity position. Alex coordinates both to keep your timeline on track.
Processing & Underwriting
Your complete loan file is submitted to underwriting, where every document is verified against lending guidelines. The underwriter may issue conditions — additional items needed for final approval. Alex handles these quickly and keeps you informed throughout.
Clear to Close
Once all conditions are satisfied, the underwriter issues a "Clear to Close." Your final loan documents are prepared, and a closing date is scheduled. Alex reviews your Closing Disclosure with you so there are no surprises at the table.
Closing Day
You sign the final documents, pay any remaining closing costs, and — for purchases — receive the keys to your new home. For refinances, a 3-day rescission period applies before funds are disbursed. Alex is available on closing day to answer any last-minute questions.
Required Documents
Gathering your documents early keeps the process moving smoothly. Below is a comprehensive list of what you'll typically need — exact requirements vary by loan type and individual situation.
Identity & Personal
- Government-issued photo ID (driver's license or passport)
- Social Security number
- Two years of residential history (addresses)
Income — Employed Borrowers
- Two most recent pay stubs (covering 30 days)
- W-2s for the past two years
- Federal tax returns for the past two years (all pages and schedules)
- Contact information for your employer (for verification)
Income — Self-Employed / Business Owners
- Two years of personal federal tax returns (all pages and schedules)
- Two years of business tax returns (if applicable)
- Year-to-date profit & loss statement
- Business license or CPA letter confirming self-employment
Assets & Down Payment
- Two most recent bank statements (all pages, all accounts)
- Two most recent statements for retirement/investment accounts (401k, IRA, brokerage)
- Documentation of any large deposits (gift letters, sale of assets, etc.)
- Gift letter if any portion of down payment is a gift
Property & Transaction
- Fully executed purchase contract (signed by all parties)
- Contact information for your real estate agent
- Homeowners insurance quote or binder
- HOA contact information (if applicable)
Additional (If Applicable)
- Divorce decree or separation agreement (if applicable)
- Bankruptcy discharge papers (if applicable)
- Documentation of any judgments or liens
- VA Certificate of Eligibility (VA loans)
- Rental income documentation — leases and Schedule E (if applicable)
Alex will provide a personalized document checklist based on your specific loan and situation. This list covers the most common requirements.
Ready to Start the Process?
Take the first step toward your new home today. Alex will walk you through exactly what you need.
Begin Your Application