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The renovation mortgage loan process

rehab mortgage

How the process works

1

Documentation

There are a few critical documents we will need to verify to start your process.  Learn More
2

Contractor Selection

Select a contractor to provide a detailed renovation bid. Learn More
3

Renovation Inspections

We’ll guide you through any required inspections. Learn More
4

Appraisal

The appraisal insures the home you are buying is worth the price that is being offered. Learn More
5

Initial Underwriting

The Underwriter will verify that all information is accurate and authentic. Learn More
6

Conditional Approval

Conditional Approval is granted when the Underwriter approves the loan under certain conditions. Learn More
7

Clear To Close

The Underwriter verifies that all documentation has been provided and all conditions have been met. Learn More
8

Loan Closing

Signing the final documentation and receiving the keys to your new home! Learn More
9

Renovation Work Begins

Now that the loan is closed, the actual renovation work can begin! Learn More

How the process works

1

Documentation

There are a few critical documents we will need to verify to start your process.  Learn More
2

Contractor Selection

Select a contractor to provide a detailed renovation bid. Learn More
3

Renovation Inspections

We’ll guide you through any required inspections. Learn More
4

Appraisal

The appraisal insures the home you are buying is worth the price that is being offered. Learn More
5

Initial Underwriting

The Underwriter will verify that all information is accurate and authentic. Learn More
6

Conditional Approval

Conditional Approval is granted when the Underwriter approves the loan under certain conditions. Learn More
7

Clear To Close

The Underwriter verifies that all documentation has been provided and all conditions have been met. Learn More
8

Loan Closing

Signing the final documentation and receiving the keys to your new home! Learn More
9

Renovation Work Begins

Now that the loan is closed, the actual renovation work can begin! Learn More

Ready to learn more?

Learn about the various loan programs we offer.

Learn about the next step in the mortgage process.