COVID-19 Update: Compeer Financial offices will reopen to the public on July 8, with standard health protocols in place. Learn more about what we’re doing to keep everyone safe.
If this is your first or fiftieth time buying a home, you want the process to be as headache-free as possible. At Compeer Financial, we’ve helped thousands of homebuyers navigate the application process by making it as easy and predictable as possible.
We’ve outlined every step in the home financing process:
Getting Started. First, gather the following documents:
Once documentation is received, our home mortgage underwriters will analyze your loan for credit approval, validate your income, assets and liabilities, plus follow up to obtain any missing information. After credit approval, we will mail early disclosures.
Upon receipt of the application fee, our appraisal team will schedule your site review.
Final Loan Approval
Title work and documents will be reviewed in preparation for final loan approval and closing. Your home mortgage specialist will communicate with you on the status of your home loan.
After all the paperwork is complete and the final loan approval is granted, we will schedule a closing at a time that’s convenient for you. The closing takes place at one of our many offices and lasts about 45 minutes.