About the Loan Process

There's quite a lot involved in oder to get a mortgage. You would not be looking up loan information if you could get a loan in one day with a simple application. But Sky Apply Mortgage, Inc does the heavy lifting so you can concentrate on your life rather than the mortgage loan.

Getting a mortgage 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? 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: complete a pre-qualification

This is where the process really begins and Sky Apply Mortgage, Inc can really save you money. You will provide information on your employment, assets, and residence history. You'll provide your employment, asset, and residence history information. We get your permission to pull your credit score and report. After we have reviewed all this information we will give you a letter of pre-qualification. Your REALTOR® should use the pre-qual (as they may call it) in order to make the best offer on the home you choose. While you're shopping for your new house with your REALTOR™, we find the best program for you.

Step three: apply now! We make it easy

After you've signed the offer and the sellers accept it, it's time to apply for the loan. Applying for a loan couldn't get much easier; you can apply online right here on our site. After the seller has accepted your offer and you have submitted your loan application, we will order a professional appraisal on the home.

Step four: your loan is funded

Your REALTOR® and the seller's will work together to designate an escrow/title company to take care of the funding of your loan once it has been approved. We'll coordinate with this company to ensure the papers your lender needs are in order, and you will probably}likely sign all these papers at this company's officeWe coordinate with the title company to set your date to close. Since you don't have to worry about these details, you get to think about moving, paint colors, new carpet, and the fun parts of moving into a new home.

You've answered some few questions, given us detailed information, applied , and Before you know it, you're moving! Sky Apply Mortgage, Inc is in the business of mortgage loans; you're not — so take care of the details. Makes sense, doesn't it??

Have questions about the loan process? Call Sky Apply Mortgage, Inc at 8132007931. Sky Apply Mortgage, Inc answers loan process questions every day.