Financing Your Home

Being preapproved for a mortgage can greatly improve your negotiation position. Sellers and their agents know that a pre-approved buyer is a serious one. Speaking now with a mortgage specialist will give you a loan decision well in advance of making an offer.

The Financing Process is an involved process, which I will help you through:

1. Loan application is complete and submitted to a lender.
2. Lender orders appraisal, credit report, verification of your employment and assets.
3. Lender provides a good faith estimate of closing and related costs, plus initial Truth in Lending disclosures.
   
4. Lender evaluates application and support documents, approves loan, and issues a letter of commitment.
5. Closing is held, loan documents are signed and the loan is funded.
6. Lender disburses funds to the settlement or closing agent, seller is paid and title to the home is yours.
7. Required documents are recorded at the County office of records.
   

Lenders:

Coldwell Banker Mortgage
Heather Myott
802-238-1704
Heather.Myott@mortgagefamily.com

Spruce Mortgage
Nick Parent
Toll Free: 800-305-4782 x28
Direct: 802-863-5102
nick@sprucemortgage.com

Mortgage Financial
Todd A. Biltucci
Toll Free: 800-499-6371 x14
Direct: 802-658-5599
toddabiltucci@mfsloan.com

Maureen "Reeni" Murphy
Toll Free 800-499-6731 x18
Direct: 802-658-5599
rmurphy@mfsloan.com