1. Pre-Approval: Receive a full pre-approval letter to begin the home purchasing process. This authorized document from a certified lender will ensure all parties involved know the process is underway.

2. Items Needed at Loan Application:

• Residence addresses for past two years
• Landlord addresses covering past two years (three years for Tennessee Housing Development Agency)
• W-2’s for past two years and current paystubs covering 30 days
• Last two months checking, savings, and investment account statements
• Money for credit report and appraisal
• Self-employed borrowers only: two years tax returns including all schedules
• VA only: Certificate of Eligibility and DD214

3. Processing: Loan Processor verifies loan application information and gathers documentation for underwriting, while also communicating loan status and progress with clients.

4. Appraisal: Appraiser evaluates value of home quickly.

5. Underwriting: Underwriter evaluates loan information for timely final approval.

6. Closing: Closer prepares documents for attorneys and title companies, assuring closing date and time.