At this point, the mortgage lender sends the final loan package to your attorney or the title company. You can sign your mortgage loan package in person, with a mobile notary, or digitally if the mortgage lender allows e-sign. Upon completion, the mortgage lender and title company finalizes the transaction. If you’re purchasing a first or second home in Naples or Fort Myers, you’ll receive the keys to your new home at this time. If you’re refinancing your Southwest Florida home, you can now enjoy the savings!
If you’re seeking a mortgage loan in Naples, Bonita Springs, Fort Myers or any place in Florida, contact us today, we’re happy to give you a quote.
Once all documentation has been submitted and reviewed, your mortgage loan is ready for approval, and you’re clear to close on your Southwest Florida new mortgage. At this time, your final home loan commitment is issued, and you’ll receive your funding.
A mortgage lender requires a property appraisal to determine a home’s value. This house appraisal is an independent estimate of the property value. The appraiser will review recent comparable sales in the area and make an opinion of value.
During the review process, the underwriter will evaluate your income, assets, credit history, and any other documentation you’ve provided. If additional verification is needed, the underwriter will send a list of additional documents required to complete the transaction. A Core Financial representative will contact you and outline what further paperwork is needed. Please submit your documents quickly to avoid delays in the mortgage loan process.
One of the benefits of choosing a mortgage broker over a Naples mortgage lender is the ability to shop for the best interest rates and loan terms. We’ll search within our vast lender portfolio to help you choose the best lender that is able to meet your current financial requirements and offer you the best possible mortgage rates.
Once you’ve completed our secure online mortgage application and have spoken to a Core Financial representative, you’ll then be asked to send in documentation so your current financial situation can be evaluated. Core Financial has the electronic tools to help our clients securely send in their documents through our private server. Core Financial makes it safe and easy for you to have a 100% paperless loan experience.
Your first step will be to complete a pre-application form. Once submitted, you’ll quickly be contacted by a licensed mortgage broker. We understand the urgency in being approved for a mortgage so you can move quickly. Let us “wow” you with our fast turnaround times.
