Once you have found a property that you would like to purchase, the next step is to complete a home financing application to formally request the funds. The application asks for information about the property you would like to buy and personal information for all applicants, including social security numbers and income. All of the information you supply will be verified, so it is very important to make sure that it is complete and accurate.
After receiving your application and issuing initial disclosures, your loan officer will request additional documentation, order an appraisal and then turn the information over to processing and underwriting, where a decision regarding your loan will be made. You may need to provide additional explanation or documentation at this time. At Castle & Cooke Mortgage, processing and underwriting is completed in-house, meaning we can process your application faster than lenders who outsource their operations.
Already have a property in mind? Start your Castle & Cooke Mortgage Loan Application today.