The Home Loan Process
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.
Get Pre-Approval
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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finance with
Nova Home Loans
Denise Cereceres
NMLS # 684977
(623) 326-2345
denice.cereceres@novahomeloans.com
16150 N Arrowhead Fountains Center Dr. #260, Peoria, AZ 85382
Denice Cereceres and her team have been servicing the community for the last 17 years. Being an Arizona native Denice has a passion to help every client and their unique situation when it comes to building generational wealth within home ownership. Denice and her team are contentiously involved with the community and associations that focus on giving back. When given the opportunity to work and partner with Denice and her team you will experience world class customer service with exceptional knowledge.
Let's Get StartedApplication & 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.
