Here's how our typical loan process
works:
STEP 1: DEVELOP A PLAN
A mortgage consultant will discuss your financial situation,
your current needs and your long-term goals. We will review your
credit report with you so that you understand your current credit
scores and how they are determined. We'll then discuss several
customized options and tailor a mortgage option to meet your
needs.
STEP 2: REVIEW THE PLAN
Once we decide which program best suites you, we review the
entire mortgage process and ensure you understand all aspects of
the loan before you sign anything. We create a list of required
documents, which provide us with the income, assets and other
verifications required by the lender. Your mortgage consultant is
always available to talk with you about any questions you have.
STEP 3: VALUE YOUR HOME
After signing the mortgage package, we order an appraisal on
your home and schedule a convenient time for a local appraiser to
meet you at your home and assess the value of your home. This is
required by all lenders to determine how much they are willing to
lend to you.
STEP 4: CLOSE ON YOUR LOAN
New Milford Mortgage then takes care of everything. Once we
have all the documents we need to complete the process, we schedule
a closing date, which can be as quick as seven business days after
you decide on the loan package you want.
It's that easy. New Milford Mortgage saves you time, removes
the hassle and, most importantly saves you money. We know the
mortgage business and the steps it takes to help make your dreams a
reality.
Call us today at 860 355-3846 and a mortgage consultant will work with you to save you money, meet your financial needs and move you a step closer to your dreams.