Question:

After the approval for mortgage, finding the house....then what?

by  |  earlier

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So after you are approved for your loan, and you find a home you like, what happens next?

What are the next steps that follow?

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3 ANSWERS


  1. Sign a contract to purchase.  Give the bank all the documentation they require.  If you haven't given them the income and assets, you'll need to supply them now.  The appraisal will be ordered, escrow and title will be opened.  You deposit money into escrow, sign a ton of paperwork, and then the home is yours.

    Congrats.


  2. then they send someone out to see if the house is worth the money you are wanting to borrow and then if they say it is then the paperwork gets done and then you close on the property, then you move in, mind you this could take some time , my closing only took 30 days

  3. Acquire a Realtor and let them do it.

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