Your Roadmap from Contract to Closing
Want more direction into what happens after your new home is under contract? Your destination is just ahead! Keep reading as we map out your loan process from contract to closing.
DAY 30 - 27
You will receive a “next steps” email with the list of required documentation we need to start the process. Please gather the requested docs and provide right away through our various options for delivery.
DAY 27 - 25
Look out for your federally mandated initial disclosure package which you'll need to review and eSign. We will also introduce you to Abbey Burtson, your loan support partner, and submit your loan to processing.
DAY 25 - 20
Once inspections are completed (and resolutions are agreed upon by you and the seller), we will order the appraisal through our certified appraisal panel. Typical turnaround time is roughly 10 business days.
DAY 10 - 7
Underwriting will review your loan and Ashley Vargas or Kathy Beck, your loan processors, will be in touch to request any final documentation we might still need in order to obtain final loan approval for you.
DAY 15 - 10
Amy McCubbin, your transaction coordinator will send a copy of your appraisal and appraisal receipt disclosure. This confirms you've received and reviewed your appraisal. Your file will also be sent to underwriting.
DAY 20 - 15
As we prepare so send your file to underwriting, Abbey Burtson will review your loan and be in touch if there are any outstanding items that might still be needed in order to move forward.
DAY 7 - 5
This is the most important federally required form that details your preliminary closing figures. Please review and eSign as soon as possible, as this doc must be completed 3 business day prior to closing.
DAY 5 - 2
Do a happy dance! Your loan has received final approval by underwriting and has been submitted to closing. Closing docs will be sent to the title company where all closing figures are finalized.
DAY 2 - 1
Amy will send final details so you can obtain a cashiers check or wire for closing. We loved working with you and hope the feeling is mutual! Please watch for an email from PrimeLending with a link to leave us a review.