There’s little doubt that getting a mortgage loan is a complicated process. You wouldn’t be looking up loan information if you could get a mortgage loan in a single day by filling out a simple application. But Hawk Mortgage Group does the heavy lifting so you can concentrate on your life rather than the mortgage loan. Getting a home loan involves four major steps.
This is a function of a couple things. How much of a monthly payment can you afford? What is the maximum you can borrow from a lender, given your income and credit history? 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.
This step is where Hawk Mortgage Group can begin saving you money. You will give us details about your employment, assets and your residence history. information. We get your permission to pull your credit score and report. After we’ve finished reviewing this information, we’ll provide you with a pre-qualification letter. Your agent will use this letter in order to make the best offer on the home you choose. While you’re deciding on the home that’s right for you, we’re busy researching the loan that’s right for your unique situation.
Once you’ve made the offer and the sellers have accepted, you should complete the loan application. It couldn’t be easier, and you can apply online, right here on our site. At the end of this step, we will order the appraisal of your new home.
Your REALTOR® and the seller’s will coordinate to decide on a title company to take care of the funding of your loan. We’ll coordinate with this company to ensure all the papers your lender needs are available, and you’ll probably likely sign all these papers at this company’s office. We do all the work to work with with the title company on your closing date. Because you will not need to coordinate this process, you get to think about the move, if you’re going to repaint, carpet and the fun parts of moving into a new home.
NMLS#: 1218967 | www.nmlsconsumeraccess.org
725 N. Hickory Avenue; Suite 200
Bel Air, MD
Office : 443-619-7900
