Overview of the Lending Process

Beltmann Relocation Group

Relocating can be filled with many processes you might be unsure of. One thing for sure is that you will get quality service from your Orange County movers. While we can help you with moving your things, we like to help you get the large picture of the lending process as well.


Before you start working with a real estate agent, you should get a pre-approval from a lender. Preapproval is the best way to know how much house you can really afford. Many real estate agents encourage their clients to complete the pre approval process before they will even show houses. Your preapproval can give you a huge advantage in an active market because home sellers know you’re preapproved.


Once you’ve looked at all your housing options, you will make an offer based on what is a fair market value of other homes in the area. If you have an accepted contract, you are almost to the finish line! In most cases you should expect a little back and forth with price or terms of your contract. When your contract is accepted by both parties, and inspection will help you determine if the house is in good condition before closing.


As you wait your closing date, your mortgage will be processed by a mortgage underwriter who will validate the claims you have made on your mortgage application. If all checked and passes the underwriter, your closing will deem you home ownership! Don’t forget that during this process, you need to call your Orange County movers to set up your move.


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