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Pre-Qualification
Meeting with an agent to complete your loan application
and collect needed documentation.
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Loan Approval
A commitment from Mountain Country Mortgage that you qualify
for your mortgage.
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Processing
During processing, you will be sent disclosures and any
missing documentation is obtained from you.
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Appraisal
An appraiser inspects the property, and based on the sales
price and comparables, issues a report that
is their opinion of the fair market value of the property.
This report is submitted for for review.
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Insurance
You must choose an insurance company to provide hazard
insurance.
Provide the insurance company information to Mountain Country
Mortgage.
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Underwriter
We submit your file for the underwriter’s review
and requests any additional information or documentation
needed for closing.
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Loan Documents Drawn
Once all conditions are met, loan documents are drawn and
you are called by the title company for a signing appointment.
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Title Company
You settle all the details of the purchase. You will sign
all documents, and pay your closing costs.
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Funding
Once documents are returned to Mountain Country Mortgage
from Title Company, they are reviewed and
verified for accuracy. Once approved, funds are transferred
to the title company for closing.
Your deed is then recorded with the county recorders office
and the property is officially yours!
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Moving Day!
