Home Loan Process

The Home Loan Process

Havasu Home Loans - Home Loans Arizona - California


The first step to getting a loan is the initial conversation.
This conversation is casual, to get you the best loan for you.
There are different types, programs, and each lender has their own perimeters which change often.

We need to know about you, and the home you want to buy.
There are a couple of calculations and many considerations in pre qualifying for a loan.
It all starts with a casual conversation
Call Harold or Shari at 928-302-2900
Once you are per-qualified, you can show your per-qualification letter to your real estate agent, to go see homes in your price range.

Here is some of the information you'll need to start,...
2 years tax returns, w-2's, 1009's
2 months bank statements
1 month pay stubs
2 years the same type of trade for work
Any loan info student loan, auto loan, home loans etc
revolving loan info such as charge cards master card visa etc
Government I D
Copy of Social Security Card ( Don't send it you will be asked for it later )
any legal paperwork such as
judgments, liens, tax liens, bankruptcies, foreclosures, short sales, deed in lieu, divorce decree, alimony, etc.
I know it seems like a lot, however you are trying to borrow over $250,000. As a lender I am sure you understand they want to cover them self.
One thing we will need is honesty. Be up front and tell it like it is and don't try to hide anything. Disclose all upfront. The ones who try to hide things usually lose and here is why. It usually will be found out at some point before the deal is done, and the lender may walk on you for being deceptive, after you spent money for a home inspection and an appraisal. That is only one example.
After the casual conversation, the Loan Officer and you will complete the application and run the credit report.
After you have completed the loan application, your loan goes into processing and the loan processor will gather info, such as proof of income, work etc.
When that is completed, it gets sent to the underwriter. The underwriter is the boss in determining your loan approval or denial. The Loan Officer has no say and the underwriter is the decision maker.

Check Us Out Online


Havasu Home Loans


Harold Sharpe - Loan Officer NMLS# 1818824
928-302-2900


Shari Sharpe - Loan Officer NMLS# 1818758
928-302-2900

Serving Arizona and California
Nexa Mortgage, LLC
2450 S. Gilbert Rd. Ste 210
Chandler, AZ 85286
NMLS 1660690, AZ BK# 0944059
NexaMortgage.com