Services

Mortgage Home Loans

Flexible loan options to help you purchase or refinance your dream home with confidence.

Private Mortgage Loans

Alternative lending solution for buyers who may not qualify through traditional banks.

Reverse Mortgage

Reverse mortgage gives seniors cash from home equity, no payments.

FHA Loans

Flexible government-backed loans ideal for first-time homebuyers.

VA Loans

Zero down payment loans for eligible veterans and active military members.

30-Year Fixed

Long-term, stable mortgage option with consistent monthly payments.

Cash-Out Refinance

Access equity in your home for big expenses like renovations or debt consolidation.

Alternative Financing

Creative loan solutions for self-employed individuals or unique financial profiles.

Franklin Real Estate Solutions license

Florida
NMLS #2699539

Home loan (The Mortgage Journey)

Step 01

Preapproval

The first step in the mortgage process is to get pre-approved for a loan. This involves providing your loan officer with financial information, such as your income and credit score, to determine what purchase price you qualify for, your interest rate, and your estimated monthly payment.

Step 02

House Hunting

Once you have been pre-approved, you can reach out to your Real Estate Agent, and start house hunting! This is the fun part where you get to tour homes and decide which one is right for you.

Step 03

Offer & Contract

When you find a home you want to buy, your agent can help you submit an offer to the seller. If your offer is accepted, your agent will contact you with the good news and shortly after, open escrow!

Step 04

Loan Application

After you have signed the contract, you'll need to complete a full loan application with your lender. This involves providing more detailed financial information and documentation.

Step 05

Loan Processing

Once your loan application is submitted, your loan officer will begin the loan processing phase. This involves verifying your financial information, ordering an appraisal of the property, and reviewing other required documents.

Step 06

Underwriting

During the underwriting phase, the lender will review your application and all supporting documentation to determine if you qualify for the loan. At this point, your loan will be conditionally approved and your loan officer will assist you in clearing all conditions before your loan can be finalized.

Step 07

Clear to Close

After all conditions are cleared, your loan is fully approved and "Clear to Close" by your lender. This means that all of the requirements for your loan have been met and the lender is ready to fund your loan.

Step 08

The Closing

The final step in the mortgage process is the closing. This is where you'll sign all the final lender loan documents with a notary to officially purchase the home. You will need to wire your remaining down payment and closing costs funds to the escrow company.

Step 09

Move In

Congratulations, you've officially purchased your new home! You can now move in and start enjoying your new space. Make sure to obtain all utility information from your real estate agent, to switch all accounts under your name, and have your utilities set up right away.

Step 10

REMINDER

It’s important to keep in mind that the mortgage process can vary depending on your specific situation and the lender you are working with. However, this road map should give you a general idea of the major milestones you can expect during the mortgage process.

Services

Mortgage Home Loans

Private Mortgage Loans

Reverse Mortgage

FHA Loans

VA Loans

30-Year Fixed

Cash-Out Refinance

Alternative Financing

Franklin Real Estate Solutions license

Florida

Home loan (The Mortgage Journey)

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