Last updated: October 21st, 2024
30 Year Fixed | Up to $1,149,825
15 Year Fixed | Up to $1,149,825
30 Year Jumbo | $1,149,825 - $3,000,000
FHA | Up to $1,149,825
Riley Schmidt | NLMS #9223357 **Terms, Fees and Conditions Apply
We begin with a personalized consultation to understand your financial goals and mortgage needs.
Our mortgage specialists assist you in obtaining a pre-qualification letter, giving you an estimate of your loan eligibility.
We guide you through the mortgage application process, ensuring all necessary documentation is completed accurately and efficiently.
Our dedicated team works with lenders to review your application, verify information, and secure loan approval.
We help you navigate the rate lock process and ensure you secure a favorable interest rate. We provide regular updates on your loan status.
We coordinate with all parties involved to ensure a smooth closing process. We review loan documents and address any concerns you may have.
At the closing, you sign the necessary paperwork and officially become a homeowner. We celebrate this milestone with you.
Trust Riley Real Estate & Home Mortgage to simplify the mortgage process and guide you to homeownership. Contact us today to get started on securing your dream home with confidence.
Begin by getting pre-approved for a mortgage. This involves submitting financial documents to a lender, who will evaluate your creditworthiness and determine how much you can borrow. A pre-approval letter shows sellers you are a serious buyer.
Once you've found a home and your offer is accepted, complete a formal mortgage application with your chosen lender. Provide detailed financial information, including income, assets, debts, and employment history.
An underwriter will review your application and supporting documents to assess the risk of lending to you. They will evaluate your credit history, income stability, and the property's value. If everything checks out, they will approve the loan.
The lender will process your application, verifying your financial information and ordering an appraisal to assess the home's value. They may also request additional documentation during this stage to ensure all requirements are met.
Once your loan is approved, you will go through the closing process. Review and sign all necessary documents, including the mortgage note and deed of trust. Pay any closing costs and fees. After the paperwork is complete, the loan funds will be disbursed, and you will officially own your new home.