Mortgage Process – The Loan Process Flow
Georgia’s Own mortgage experts, Todd and Earica, discuss the mortgage loan process flow.
At Georgia’s Own Credit Union, we’re hear to provide our members and exceptional experience, that’s why we’ve constructed a smooth loan process just for you!
After you and your mortgage loan officer complete the initial application, your loan officer will be given a team to help speed it through to closing. The loan process has three main steps:
- Your loan processor will verify the data in the file and order required reviews, such as the appraisal, and submit the loan to underwriting.
- Underwriting will evaluate the information in your file to confirm you meet the guidelines of the loan product.
- Once approved, your loan will go to closing where they will prepare the necessary legal documents and coordinate with the closing attorney.
Our goal is to ensure that this process flows smoothly and that your closing is a time of celebration. Thank you and remember, your Georgia’s Own representative is ready to help you with your mortgage lending need.