How the Mortgage Loan Process Works

No doubt, quite a lot to do when you get a mortgage loan. You wouldn't be here on our site if you could complete a simple loan app and get a great loan funded in one day. But C2 Financial Corporation does the heavy lifting so you can concentrate on your life rather than the mortgage loan.

There are four primary steps involved in obtaining a loan.

Step one: Decide on your maximum loan amount

A couple of factors determine this amount. 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? 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. Because lender guidelines are fairly standard, we can give you a good idea of how much you can borrow after a short conversation.

Step two: pre-qualify for your loan

This is where the rubber meets the road and you save the most money. You will provide info on your current job, your assets, and your residence history. You'll give us your employment, asset, and residence history information. We pull your credit score and report. We'll go over this info then will provide a pre-qualification letter. Your real estate agent should use the pre-qual (as they may call it) to make the best offer on the home you choose. The pre-qual letter gives you buying clout! While you're picking out the home that's right for you, we are looking for the loan that best fits your needs.

Step three: apply now! We make it easy

Once you've made the offer and it's been accepted, you should complete the loan application. Applying for your loan couldn't get much easier; you can apply right here on our site. Finally, we'll order an appraisal of your new home.

Step four: your loan is funded

Your REALTOR® and the seller's will coordinate to find a title company to handle the funding of your loan. We'll work with this company to ensure the papers your lender will need are in order, and you will probably}likely sign all these papers at this company's officeWe coordinate with the title company on your date to close. Since you won't need to worry with this coordination, you get to concentrate on moving logistics, if you're going to repaint, new carpet, and all the details of moving into your new home.

You've answered some few questions, provided detailed information, applied , and the next thing you know, you are moving in! C2 Financial Corporation is a mortgage specialist; you're not — so take care of the details. Doesn't that make sense?

Have questions about the loan process? Call C2 Financial Corporation at (727) 478-2797. We answer questions about the loan process 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.
How can we get in touch with you?
Tell us about your credit history.