Financial Head Start.net ... Invest in Yourself

 
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                        Steps to Homeownership 

1. Pre-qualification: Homebuyer obtains it from Lender.

2. Offer: An offer is placed with the assistance of a Real Estate Agent.

3. Attorney Review: Once offer is accepted the review process takes place.

4. Mortgage Application Submission: Submitted for processing & underwriting.

5. Approval: Underwriter issues approval or commitment.

6. Title Insurance: Closing agent orders  title insurance.

7. Conditions: Approval /Commitment conditions get submitted to underwriter.

8. Closing : Closing agent & bank's closing department iron out closing figures.

9. Closing Funds: Closing agent communicates to borrower total funds needed.

10. Closing & Keys: Loan is funded and homebuyer gets keys.
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