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Process |
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At Marvest Financial we offer innovative
products and quality personal service. We try to
make the loan process smooth and simple. Our
goal is to close your loan on time!
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MARVEST FINANCIAL LOAN STEPS
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| 1 |
Data Collection |
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Loan officer collects pay stubs,
assets, income, credit report,
purchase contract, and other needed
paperwork. We meet to decide on your
loan program. |
| 2 |
Processing |
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Our processor reviews your
information and requests any
additional documentation. Once
documentation is complete, paperwork
is sent to the underwriter at the
mortgage company. |
| 3 |
Underwriting |
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Underwriter makes the decision
to approve or disapprove the loan.
May request additional information
from the buyer. |
| 4 |
Closing |
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If approved, the closing agent
gathers the paperwork and sends the
documentation to the title company. |
| 5 |
Loan Complete |
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Title company closes and funds
the loan. |
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