UNDERSTANDING THE LOAN PROCESSUNDERSTANDING …Licensed by the New Jersey Department of Banking and...
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MEET YOUR TRIDENT MORTGAGE CONSULTANTMEET YOUR TRIDENT MORTGAGE CONSULTANTMEET YOUR TRIDENT MORTGAGE CONSULTANTMEET YOUR TRIDENT MORTGAGE CONSULTANT
Get prequalified for your
loan. Discuss how much you
can afford and review loan
programs, rates and monthly
payment.
1 COMPLETE THE APPLICATIONCOMPLETE THE APPLICATIONCOMPLETE THE APPLICATIONCOMPLETE THE APPLICATION
Start searching for your new
home and gather documents to
complete your applica�on.
2
LOAN SENT TO UNDERWRITINGLOAN SENT TO UNDERWRITINGLOAN SENT TO UNDERWRITINGLOAN SENT TO UNDERWRITING
Your loan applica�on and suppor�ng
documenta�on will be evaluated for
eligibility and
approval.
3 4 LOAN SENT TO THE PROCESSORLOAN SENT TO THE PROCESSORLOAN SENT TO THE PROCESSORLOAN SENT TO THE PROCESSOR
Once approved, the processor will guide
your loan through to Closing. They may ask
for addi�onal documenta�on to
sa�sfy underwri�ng requirements.
LOAN PREPARED FOR SETTLEMENTLOAN PREPARED FOR SETTLEMENTLOAN PREPARED FOR SETTLEMENTLOAN PREPARED FOR SETTLEMENT
Once final approval is given, the loan
is sent to the �tle company/closing
a*orney who schedules closing and
reviews funds needed
for se*lement.
5 6 CLOSINGCLOSINGCLOSINGCLOSING
Bring a cashier’s check
payable to the �tle
company and 2 forms
of ID to closing. Enjoy
your dream home!
PROFESSIONALS HELPING PEOPLE ACHIEVE THE DREAM OF HOMEOWNERSHIPPROFESSIONALS HELPING PEOPLE ACHIEVE THE DREAM OF HOMEOWNERSHIPPROFESSIONALS HELPING PEOPLE ACHIEVE THE DREAM OF HOMEOWNERSHIPPROFESSIONALS HELPING PEOPLE ACHIEVE THE DREAM OF HOMEOWNERSHIP
UNDERSTANDING THE LOAN PROCESSUNDERSTANDING THE LOAN PROCESSUNDERSTANDING THE LOAN PROCESSUNDERSTANDING THE LOAN PROCESS
Trident Mortgage Company NMLS ID: 111942
431 West Lancaster Ave
Devon, PA 19333
610-889-7600
http://tridentmortgage.com