THE MORTGAGE PROCESS IN 10 EASY STEPS!
1.
Originator makes contact with prospect and brings him/her to Discount Funding Associates.
2.
Quick Application
is taken over phone or in person. Prospect may even
submit mortgage application
online.
3.
Credit Report is run.
Click here to view a report.
4.
Loan specialist matches criteria and credit to loan program(s).
5.
Loan specialist discusses mortgage options with prospect.
6.
Broker prepares
1003
,
Good Faith Estimate (GFE)
and
Pre-Application
Disclosures
to be sent to borrower.
7.
Loan goes to processing.
Click here to see the Processing Checklist.
8.
Complete loan package is sent to the lender.
9.
Lender underwrites the file and gives final commitment.
10.
Loan is ready to close.