Loan First Program

What is Loan First?

We completely verify your assets, income, and credit and give you pre-approval before you start looking for a house. This allows you to shop with confidence knowing you are already pre-approved for a mortgage pending a qualified property.

How does the Loan First Approval work?

Upfront, you will be partnered with your own personal mortgage banker who will work closely with you through the entire process until you are in your new home. Your personal mortgage banker will request the documents we will need to get your loan pre-approval process started. Your exclusive Loan First Pre-Approval gives you a competitive advantage over other buyers.

What does "pending a qualified property" mean?

A property appraisal is one of the few things you'll have to take care of after you find a house. You may also need to complete some additional property requirements, like pest inspections, depending on your loan type.

Does my Loan First Pre-Approval expire?

Your personal mortgage banker will monitor the status of your Loan First Pre-Approval and keep you updated. Your Pre-Approval stays active so long as your continue to meet the loan's requirements.

How much can I be pre-approved for with Loan First? 

Your personal mortgage banker will review your income, assets, and credit to help you determine the maximum loan amount you can afford.

How long does it take to receive a Loan First Pre-Approval?

Once we receive all your documentation, your Loan First Pre-Approval should take approximately 24-48 hours.

Once I find a home will my loan close faster if I have a Loan First?

Yes, because a lot of the work is completed upfront.

Will I be able to compete with cash buyers when making an offer?

With Loan First, we've eliminated any doubt a seller may have about your approval status. When other buyers present their offer, it is unknown as to whether they can get fully approved by their lender. A Loan First offer has been fully pre-approved, and in the seller's eyes your offer is as good as a cash buyer's. A cash offer is guaranteed funding for a house, and a pre-approval is the next best thing.

Can a first-time homebuyer qualify for Loan First Pre-Approval?

Absolutely! We encourage first-time homebuyers to apply for the Loan First Pre-Approval before starting your home buying search. It takes away any financing surprises and lets you shop with confidence knowing you have the exclusive Loan First Pre-Approval.