With New World Mortgage, the entire mortgage process usually takes
only three to four weeks. While each mortgage varies, here’s
how it usually works:
1. You contact us by email or phone.
2. After getting basic information from you, we
call you back shortly with the terms of the loan; payments, rates,
and
savings!
3. We make an appointment to come to your home
at your convenience.
4. You sign the needed disclosure forms and get the
documents the lender requires (each loan requires different documents).
5. We set up an appointment for your home to be appraised.
6. The appraiser takes about a week to examine your
home and issue a report.
7. We submit the loan application, disclosures, documents
and appraisal to the lender.
8. The lender underwrites your file and approves
your loan – usually within two days!
While we are waiting for approval, we do any additional credit
repair you may need, such as contacting creditors to get
payoffs and satisfaction letters recorded to update your credit rating.
That way, you will qualify for the lowest possible mortgage
rate!
For more information call us TOLL-FREE at (877) 412-0400.
