About the Loan Process

	Are you looking for a mortgage? We'd be thrilled to discuss your mortgage needs! Call us at 800-530-9421. Ready to get started? Apply Now.

Make no mistake, there's quite a lot involved when you get a mortgage loan. You wouldn't be here on our website if it were possible to complete a one-page loan application and receive a great loan funded the same day. But VITEK MORTGAGE GROUP does the heavy lifting so you can concentrate on your life rather than the mortgage loan.

Getting a loan involves four major steps.

Step one: determine how much you can borrow

A couple of factors determine this amount. How much of a monthly payment can you afford? And given your unique credit and employment history, income and debt, and goals, how much will a lender loan you? You can get a good idea of your preferred payment abount using the calculators on our website. And we can guide you to the right loan amount and best program for you when you answer a few quewstions. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from.

Step two: complete a pre-qualification

This is where VITEK MORTGAGE GROUP can begin saving you money. You will give us details on your employment, assets, and your residence history. You'll supply information on your employment, asset, and residence history. We run your credit score and report. We will review all this information and give you a letter of pre-qualification. With this letter, your real estate agent will negotiate the best deal for your new home. While you're shopping for the home that's right for you, we're busy researching the loan program that's right for you.

Step three: apply for your loan

Once you've made the offer and it's been accepted, you should complete the loan application. It's very easy, and you can do it online, right here on our website. Finally, we will order the appraisal of your new home.

Step four: funding

The agents will find a title company to handle the "funding" of the loan and closing. We'll work with this company to make sure the papers your lender needs are avaiailable, and you will probably}likely sign everything at their officeWe work with with the title company to set your date of closing. Since you don't need to coordinate this process, you can concentrate on moving logistics, painting, new carpet, and the fun parts of getting your new home.

You've answered some few questions, given us lots of information, applied , and Before you know it, you're moving! We do the legwork so you can spend your time finding the new home that's right for you.

Have questions about the loan process? Call VITEK MORTGAGE GROUP at 800-530-9421. VITEK MORTGAGE GROUP answers loan process questions every day.