The Mortgage Loan Financing Process


Start the Financing Process to Homeownership

Your Loan Officer will set up a loan application appointment to discuss your financial goals and documentation required to get the financing process started.


Loan Approval

Your loan application and supporting documentation will be submitted to our Underwriting Department for an approval.

Once we have a loan approval, your Loan Officer will contact you to review the details and discuss the next steps, which include the start of construction, ordering the appraisal and opportunities for locking in your interest rate.

Throughout the entire homebuilding process both your Loan Officer and Loan Processor will communicate with you regarding the status of your loan and be available to answer any questions you may have.


Preparing for Settlement

Excitement is building as you prepare to move-in to your new home!

Your Loan Officer will reach out to you to ensure all requirements are met, the terms of the loan are accurate and the loan is ready for settlement.

You will receive your initial Closing Disclosure (CD) outlining funds to close at least 3 days prior to settlement, giving you time to review and get all questions answered before the big day.


WELCOME HOME

Congratulations!

You've signed all the documents and received the keys to your new home!

If you have any questions post closing we remain available to assist you on your homeownership journey with NVR.

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