Application
Gathering of all required documents from the applicant

Verification
 Verification of applicants information, employment and
assets. Part of the verification process includes title work
to verify clear title is available to the property.

Disclosure
Provide the applicant with all required lending
disclosures, closing costs etc.

Approval
Submission of all documents to an underwriter for
approval.

Closing
Buyer and seller sign all required documents, title is
transferred to new owners and funds are distributed.

Recording
Documents are recorded with the appropriate
government agencies.

While the process can seem long and complicated keep in
mind that much of the process is designed to protect all of
the parties involved. Lenders and title companies are
working to assure that the title to the property is free and
clear and can be delivered to the buyer without problems.