Colorado MORTGAGE PROCESS
have broken the Loan Process into 4 easy to understand steps.
Online, in person, or by phone. We will Pre
Approve you within 15 minutes. If needed, we will present you
with a letter of pre-approval that you can give to your real
estate agent or to the sellers.
Processing for Colorado: A Title Commitment
/ Appraisal & Survey may be required. Once we have
received the necessary documentation (paystubs, bank statements,
rental history, etc....) from you, we will check to ensure everything
is in order for expedient final loan approval. We have
many reduced documentation loans.
Colorado Final Loan Approval:
The loan is then reviewed by an Underwriter for final
Approval and closing instructions are sent to the title company.
in Colorado: This is where you will meet
at the Title company to sign final documents. After closing,
it takes 1-4 hours to fund purchases and 1-3 days for refinances.
Refinances require less / Better credit requires less
Last three (3) months of consecutive statements (when cash
reserves are required)
Sales contract on purchase.
Check Stubs (last full month)
401K, Stocks, Bonds, Etc.
Most recent statements showing balances for the last three
(3) months or two (2) quarters (when cash reserves are required)
Name, company, and telephone number
and/or 1099's (last two years)
[needed when applicable]
Tax Returns (last two years)
Rent Checks (last 12 months)
Divorce and/or child support, fully executed.
Name and phone number(s).
Discharge List and copies of all included debt.
Current copies on each property.