how does the loan process work_

How does the loan process work?

There are many moving pieces when purchasing a home- whether it’s getting pre-approved, finding the right house, inspections, appraisal, etc. One piece you might be wondering about is, how does the loan process work?

Tom Hallock with Bank of Texas Mortgage takes a few minutes to explain the loan process, including the time involved. Believe it or not, once you find a home, you could be closed and moving in within 30-45 days.

Let’s see what Tom has to say. This is a great 2 minute video…definitely worth the watch.

Keep in mind that to be pre-approved, you’ll need to supply this information to your lender (this is not an all-inclusive list):

  • Tax returns for past 2 years
  • Current bank statements
  • Current pay stubs (or other forms income)
  • W2s
  • Unemployment info (if necessary)
  • Divorce decrees (if necessary)
  • Credit history
  • Photo ID

If you have any questions, feel free to reach out to Tom. His info is listed below:

Bank of Texas

Tom Hallock
Mortgage Banker
Bank of Texas Mortgage
Office: 512-527-6821 
thallock@bankoftexas.com 
www.bankoftexas.com/tomhallock

And as always, if you have any questions about purchasing a home, selling a home, or even investing in real estate, call The John Duke Team. We love to help!

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