Steps in the Loan Process.

Steps in the Loan Process

  • 1. Contact Priority Lending

    Give us a call! We will get you talking with an experienced loan officer in seconds.

  • 2. Complete the loan application process

    Your Loan Officer will walk you through the paperwork and collect your documentation. **Watch your e-mail for documents requiring e-signatures and docu-signing from our Lenders and document system**

  • 3. Your loan is submitted to Underwriting

    Your assigned Loan Processor will maintain contact with you, requesting additional documentation and ensuring your loan is being completed correctly. They will send you an introductory email with their contact information.

    Your Loan Officer is the point of contact for any questions regarding your interest rate, loan type, or loan closing date.

  • 4. Your loan reaches “ready to close” status.

    Your Loan Officer is the point of contact for any questions regarding your interest rate, loan type, or loan closing date. The final touches are put on the paperwork and your loan is readied for closing documents.

  • 5. Follow the email instructions from our Closing Department to schedule your signing with the Title Company.

    *Closing documents are signed at the Title Company’s office, not at Priority Lending’s location*

  • 6. Complete the loan process by signing your final documents with the Escrow Officer at Title.

  • 7. Signed documents are reviewed. Funds are released to the Title Company and you receive the keys for your new home.

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