The
Home Loan Process
Navigating
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.
finance with
LAUREN YOUNG
SUPREME LENDING
Loan Officer
NMLS ID # 1890212
Supreme NMLS #2129
- (603) 236-2431
- Lauren.Young@SupremeLending.com
- LaurenYoung.SupremeLending.com
In 2019, Lauren made a significant career shift to lending, where she found a unique opportunity to blend her hospitality skills with the intricacies of the home-buying process. Her goal is to make the experience as seamless as possible for both borrowers and agents. Drawing parallels between her previous role of ensuring a smooth wedding ceremony and guiding buyers to the closing table, Lauren approaches the lending process with meticulous attention to detail, aiming to alleviate stress for everyone involved.
Having spent 20 years in the Lakes and Mountain region, Lauren is deeply rooted in the community. She resides in Campton with her husband Jeremy and their two daughters, Delaney and Brenna. Beyond her professional life, Lauren actively participates in the local community, taking full advantage of the lakes and mountains the region has to offer. Her love for her surroundings extends to sharing these experiences with her family.
Lauren's approach to navigating the lending process is characterized by knowledge, ingenuity, and the backbone of hospitality. Her local expertise, combined with a passion for her community and commitment to excellence, positions her as a trusted professional in the lending industry.
What happens when
a loan goes "live"
Application & Processing
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.
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!
