z The Loan Process of Buying a House - Keystone Lending Partners | Mortgage Broker Philadelphia | Mortgage Company Philadelphia | Licensed Broker Philadelphia | Keystone Lending Parters, Inc.

Loan Process

Initial Consultation

Let's talk! We can help you find the financing solution that's right for you. We'll take into account your target monthly payments given your unique credit history, employment history, income, debt and goals. Based on our lenders' guidelines, we'll provide you with an idea of what terms and loan program you can expect to benefit most from given your unique situation.

Pre-Qualify For Your Loan

We'll ask for information from you about employment, assets, residence history, etc. and ask your permission to run your credit score. Once we review all this information, we give you a Pre-Qualification Letter. Your realtor will use this letter to make an offer on the home you choose and the seller can feel confident knowing you're pre-qualified. Now, you can focus your energy on finding a home you'll love, while we find you a loan.

Apply For Your Loan

Once you make an offer and the sellers accept it, it's time to complete the loan application. With us as the liaison, the lender will review the application and documents and provide a decision.

Appraisal and Title Work

For your peace of mind, as well as the lender's, it's required to have an appraisal and title search performed on the property to ensure it's valued appropriately and free and clear of liens.

Your Loan Is Funded

We'll work with your title company or attorney to make sure all of the papers for the lender are in order. On the closing day, you will sign after carefully reviewing the loan documents.

Congratulations! You made it!