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Whether you are buying your first home or investment property, looking to refinance your existing loan or seeking to build wealth by unlocking the equity in your home, West Pointe Mortgage is designed to meet your needs.

West Pointe Mortgage Solves the Loan Process Puzzle for You!

The Mortgage Loan Process is simple and straightforward!

Step One: Making an Application
The application is the actual completion of the “application form” by the purchaser or lender
(paper or online).

Creating the Loan File

Purchase
The following documents are required:

2 years most recent tax returns
last year’s W-2’s
2 months most recent bank statements
most recent 30 day paycheck stubs
driver’s license

Refinance
The following documents are required:

2 years most recent tax returns
last year’s W-2s
2 months most recent bank statements
most recent 30 day paycheck stubs
homeowner’s insurance
homeowner’s title policy
survey up to 10 years old

Step Two: Appraisal/Processing
The “processor” reviews the credit reports and verifies the borrower’s debts and payment histories. The processor also reviews the appraisal and survey, and checks for property issues that may require further discernment. The processor’s job is to design an entire package that may be underwritten by the lender.

Step Three: Underwriting the Loan
The underwriter is responsible for determining whether the combined package is deemed as an acceptable loan.

Step Four: Closing
Closing typically takes from 7 to 30 days. The borrower finishes the loan process and completes the purchase.