6 Steps of Home Refinancing

There are numerous reasons why homeowners explore refinancing:

01 Initial Consultation

Refinancing your home starts with an initial consultation where we discuss your unique situation and help you find your loan program.

After deciding upon the best financing strategy, we then generate the initial disclosures, outlining your rights as a consumer in the housing market.

Once you read through the disclosures and sign them, we submit your file to underwriting for review.

It is also at this point that we order the appraisal, which assigns a fair market value to the property.

Once the underwriter reviews the file and clears any follow up conditions, they grant the final approval.

This is the last step in the loan approval process, meaning we can schedule the closing.

If you are in the position to refinance your home, contact Vanmar Lender to learn more about the benefits.