With the assistance of your Mortgage Consultant, closing a loan with Real Estate Mortgage Network will be an efficient, pleasant and ultimately rewarding experience.

• Contacts Loan Officer for financing information
• Gathers information needed for application
• Starts looking for a new home

• Discusses qualifying, monthly payments and cash needed for closing
• Explains various loan programs available and quotes interest rates

• Communicates with Borrower on items necessary for loan closing
• Prepares loan for full approval and ensures information received meets requirements

• Renders final decision on loan
• Requests additional documentation (if needed) and communicates to Processor
• Works directly with Loan Officer and Processor to approve loan

• Assembles package for closing day
• Sends package to Closing Attorney’s office

• Prepares Settlement Statement and e-mails it to the Processor and Loan Officer for review
• Processor or Loan officer review with you the figures and cash for closing 24 hours prior to closing
• Processor or Loan Officer e-mails Settlement Statement to all parties 24 hours prior to closing

• Takes places at Escrow Agent’s or Attorney’s office
• Bring a certified check to closing (payable to yourself) with a valid ID
• Bring Homeowner’s Insurance with paid receipt for one year