How the Loan Process Works

There is little question that getting a mortgage loan is a complex process. You wouldn't be here on our website if you could fill out a one-page loan app and get the best loan funded in one day. We do most of the heavy lifting for you, so you can concentrate on what's important — preparing to move into your new home or saving money.

Getting a home loan involves four major milestones.

Step one: Decide how much you can afford

This is a function of a couple things. What kind of monthly payment are you looking for? And given your unique credit and employment history, income and debt, and goals, how much will a lender loan you? Use the calculators on our website to determine your monthly payment amount. We'll also help you through different scenarios by asking a few simple questions. 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 the process really begins and you save the most money. You will give us info about your employment, your assets, and residence history. You'll provide your employment, asset, and residence history information. We run your credit score and report. When we review this info we will provide a letter of pre-qualification. Your real estate agent will use the pre-qual (as they may call it) in order to make the best offer on the home you choose. The pre-qual letter gives you buying clout! While you're deciding on your new home, we are finding the loan that best fits your needs.

Step three: apply for your loan

After you've made an offer and the sellers have accepted, you should apply for the loan. Applying for your loan couldn't be much easier; you can apply any time right here on our site. After the seller has accepted your offer and you have applied for your loan, we will order a professional appraisal on the home.

Step four: your loan is funded

The agents will find an escrow/title company to handle the "funding" of the loan and closing. We'll work with this company to make sure the papers your lender will need are avaiailable, and you will probably}likely sign all these papers at this company's officeWe do all the work to coordinate with this company to set your closing date. Because you don't have to worry with this coordination, you get to concentrate on the move, painting, new carpet, and the details involved in moving into your new house.

You've answered some few questions, given us lots of information, applied , and before you know it, you are moving in! We take care of the legwork so you can focus on finding the new home that's right for you.

Have questions about the loan process? Call C2 Financial Corporation at (727) 478-2797. C2 Financial Corporation answers loan process questions every day.

Basic Pre-Approval

Get the Best Mortgage Rate! Tell us a little about your current needs and we can use that information to match you with just the right loan.

Tell us about your loan needs.
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Tell us about your credit history.