Decision Tools

Step 1: Search Products and Get Pre-Approved with LoanInsights

• Use our Decision Tools to determine which products may be right for you.
• Logon and complete our Full Search to search products that may be available. LoanInsights will then be able to contact you to review your results.
• For purchase transactions, a FREE Pre-Approval Letter will be generated.

Step 2: Prepare Documents

• Once you have discussed your mortgage needs, a LoanInsights representative will send you initial disclosures that will require your signature.
• You will also need to provide additional documentation including a purchase contract for purchase transactions and income documentation if applicable. Our documentation checklist contains more details.

Step 3: Process the Application

• Once we have received all the necessary documentation, we will order the appraisal and title work for the property, and then package the application.
• At this point we will discuss locking your rate, and will send you a Good Faith Estimate summarizing the expected closing costs.
• LoanInsights will conduct a final review of the application before submitting it to the lenders for underwriting.

Step 4: Underwriting

• LoanInsights will send a completed application package to the lenders' underwriting department. They will make a decision on the loan to either Approve, Deny, or Approve with Conditions.
• An Approval with Conditions is very common, and you may be required to provide some additional documentation at this stage. A LoanInsights representative will guide you through this.

Step 5: Closing and Funding

• Upon loan approval, we will order the closing documents and arrange closing with the title company
• At the closing appointment, you will review and sign the closing documents with the closing agent, and the loan will fund and close that day.