Loan Process FAQ

Interest rates can change between the time you apply and the time you close. A rate lock is a guarantee your rate and points will not change for a specific time (usually 30, 60 or 90 days) provided you close within the rate lock period. Your Home Loan Specialist can help you lock in your rate.

Closing costs vary and are determined by mortgage type and where you live. These typically include lender fees and third party fees, such as for an appraisal and title insurance. Click here for a list of closing costs.

Our underwriters will review and validate your loan package to make sure it fits the guidelines required for your loan program. They will review your application and look at your income documents (e.g., paystubs, W2, tax returns), bank account statements, credit, and the property value. Learn more about the home loan process.

When you apply for a home loan, you’ll need to provide documentation of your income, debts, credit and assets. Learn more about the home loan process.