DEMYSTIFYING HOME LOANS

If you haven’t experienced it before, the home loan process can feel overwhelming, but our agents will help you stay informed throughout the process, from pre-approval to closing. The first thing to do is consult with a mortgage specialist (or two). If you don’t already have someone in mind, we partner with some of the best lenders in the industry, and we’d be happy to introduce you, so you’ll be taken care of.

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MEET TIM MITTL

Union Home Mortgage
484-553-0013 | tmittl@uhm.com

As a mortgage and loan professional, Tim has more than 20 years experience serving the Lehigh Valley, Bucks, Montgomery and surrounding counties. Since the beginning of his career, Tim has been a Top 10 Nationwide Circle of Excellence and Presidents Club Award recipient. His high standards of committing himself to help his borrowers and business partners are what have earned him these prestigious honors.

Tim will meet you where you are - whether by phone or in person - to walk you through the entire loan process. The knowledge and experience he brings to the table will help you find the terms & loan program right for your budget while making sure everything is handled smoothly all the way through closing when you can enjoy your new home.

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GET PRE-APPROVED

Before you start looking for a home to buy, it’s a good idea to meet with your Loan Officer to get pre-approved for a loan amount. At this stage, the lender gathers information about income, assets and debts of the borrower (you) to determine how much house you may be able to afford. This includes a credit report, W-2 forms, pay stubs, Federal Tax Returns and recent bank statements. There are a variety of different loan programs, so make sure to get pre-qualification for the specific programs that best suit your needs.

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APPLICATION & PROCESSING

WHAT HAPPENS WHEN A LOAN GOES "LIVE"
When you find property you’re ready to buy, your lender will help you complete a full mortgage loan application, and talk you through the various fees and down payment options. The application is submitted to processing, where the documents are reviewed and appraisals and title examination are ordered. Then the loan is sent to an underwriter, who reviews and approves the entire loan if it meets compliance.



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CLOSING

SIGNING AND FINALIZING THE DEAL

 Don’t be surprised if you’re asked for additional documentation or clarification throughout the process. Once your loan is approved, don’t forget to set up homeowners insurance. Your documents will be sent to the title company, where you’ll sign for the new home and pay any remaining costs. Then the loan is recorded and you get the keys. Congratulations, happy homeowner!

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GET IN TOUCH

We are always here to answer any questions you may have.

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WORK WITH US

Considering buying or selling? Contact Dan and his team at Daniel Witt Real Estate Group today! We focus on real estate practices that deliver results. We employ proven strategies that produce the best outcomes and help you achieve your goals - that is, selling your home in your best timeframe, for the best possible price and with as little hassle as possible. Our proven results will make you a client for life.

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