Mortgage terms can be confusing and overwhelming for many new homebuyers. At Axia, our focus is to give you the best customer service through a high tech, high touch, high trust approach to home financing. Our loan officers are here to guide you through the loan process so you can feel comfortable every step of the way.
Here is a step by step outline of what you can expect when choose Axia Home Loans for your home-buying journey:
1. LET GET YOU PRE-APPROVED
Pre-approval allows you to search for a home that you can afford based on your credit, income, and assets. An application and supporting financial documents can be submitted to your loan originator.
2. FIND YOUR DREAM HOME
Let the fun begin! Once pre-approved, start shopping with your real estate agent! When you decide on a home, the terms of sale are negotiated and your agent presents your offer to the seller.
3. PERSONALIZE A LOAN SOLUTION
After the seller accepts your offer, contact your loan originator to complete your application process and update all required documents.Initial loan terms and cost breakdown are then sent to you to sign.
4. INSPECT YOUR NEW HOME
As your loan application is being processed, an inspection of your home is conducted (if applicable). Once cleared, your appraisal is ordered by Axia.
5. FINAL REVIEW OF LOAN DOCUMENTS
A loan processor reviews the entire loan file and sends all pertinent information to an underwriter for loan approval.The underwriter will review and clear all of the items after their initial approval. If all requested items have been satisfied and all property conditions met, your loan will be final approved.
6. IT’S CLOSING TIME! GET YOUR PEN
A loan originator must provide your Closing Disclosure 3 days prior to closing. Closing documents are prepared by the escrow agent and signed by you (the buyer) and the seller.
A wire or check for the amount of the loan is sent to the title company and deeds that transfer titles are recorded with the county.
7. GET THE KEYS AND MOVE IN!
You have completed the process and are now a proud new homeowner!
Let Axia get you home! Contact us today.
Let’s talk about two topics not often associated with one another…millennials and the housing market. Millennials are known for being completely dependent on technology, constantly in front of a screen, expecting instant gratification. The perspective they have...
As the new year approaches, it’s time to look forward and see what 2018 has in store for the mortgage industry. According to Freddie Mac’s economic and housing research report, there are three crucial factors that will drive mortgage markets. An Increase in...
Fact or Myth in the World of Mortgage There are always questions buying a home, first time or not, and that’s okay! It’s normal to have questions and spend time researching what’s real fact and what’s a known myth. To help answer your questions, here are few myths and...
Want new articles before they get published?
Subscribe to our Awesome Newsletter.
Consumer Lending | 68358
Private: Corporate: 1120 112th Avenue Ne, Suite 600, Bellevue, WA 98004
Axia Home Loans Corporate: 1120 112th Ave NE, Suite 600, Bellevue, WA 98004 - NMLS #27830
© 2007 - 2018 Axia Home Loans. All rights reserved. Axia Home Loans is a registered trade name of Axia Financial, LLC.