LOAN PROCESS     Pre Qualification Your loan process starts by providing information about your income , debt and asset for Loan consultant to determine how much you can pay for a house.     Loan Programs and Rates After analyzing information provided by you Amex Home Loans consultant will evaluate your situation and recommend the most suitable loan program and rate allowing you to make an informed decision.

Application Loan process are rather simple. Once we have your complete sets of desired documents, our consultant will help you through the entire process ensuring a smooth trouble free process.Loan application should go smoothly if you complete your loan application properly and provide all necessary documentation to your loan consultant at the time of application.

Awaiting Documentation It usually takes about two weeks to review your application during which all documents should be received in order to begin your loan process.

Loan Submission Submitting your loan is a critical part of the process. All of the necessary documentation will be sent to the underwriter, along with your credit report and appraisal.

Loan Approval Loan approval may be obtained in stages. Usually within one to three days, loan consultant should have pre-approval. If the loan requires mortgage insurance, or if an investor needs to review the file, final approval could take additional time. You do not have final loan approval until ALL of the necessary parties have underwritten the loan.

Lender Preparation of Documents As soon as the loan is approved and all requirements of the lender have been met; the loan documents will be prepared. These documents will be sent to the escrow officer, and you will be asked to sign the documents. We may require an impound account for tax installment payments, depending on the type of loan.

Funding Once you have signed the documents and they have been returned to the lender, the lender will review them and make sure that all conditions have been met and all of the documents have been signed correctly. When this is completed, we will “fund” your loan.     Recorded When the loan has been funded, the title company will record the Deed of Trust with the county in which the property is located (usually by the next day). Upon receipt of confirmation of the deed being recorded, title or escrow will then disburse monies to the appropriate parties and, your loan is considered complete.     APPLY ONLINE You can beat the competition and negotiate more effectively when you're pre-approved. Apply online now to be pre-approved. CONTACT US Contact Us or Call us at 1-800-660-2639 and speak with one of our mortgage consultants.