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Step 1: The Info Blast (15 Minutes)
What Happens: This is where you, or I will fill out the initial digital application (the 1003). You'll provide basic details about who you are, what you want to buy (or refinance), and your income situation.
What You Need:
- Your two most recent pay stubs,
- Two years of W-2s/tax returns, and
- Bank statements.
**Don't worry if you don't have everything handy—we can grab those later!
LaShelle's Promise: We treat your information like gold. This step just gives me the data to start playing matchmaker with the best loan programs.
Step 2: The Consultation (Your "Fun-ding Review")
What Happens: I personally review your application and documents. Then, we jump on a quick call (the 15-Minute Fun-ding Review!) to discuss your goals, clarify any documents, and look at your options (HECM, FHA, Conventional, etc.).
The Goal: You walk away knowing exactly how much you qualify for and which loan is the smartest fit for your future.
**Special Note for Reverse Mortgage Leads: If you're interested in a retirement/equity loan, this is where we lock down the initial financial assessment and discuss the HUD Counseling requirement.
Step 3: Pre-Approval / Program Lock (Instant Confidence!)
What Happens: Once we have your documents and a clear plan, I issue your Pre-Approval Letter!
- This is your golden ticket. For purchase clients, it means you can confidently make an offer.
- For refi/reverse clients, it means your program and terms are officially locked in.
Step 4: The Vetting (Underwriting)
What Happens: The fun begins! The file moves into underwriting. We submit your application and documents to the lender who has the best rate/program for you. We order the appraisal and title work.
Your Job: Be ready for the occasional request for one last document (like a final pay stub or bank statement). We call these Conditions. Don't stress—it's normal, and my team handles the heavy lifting!
LaShelle's Promise: My background as a Loan Processor means I am obsessed with getting the file right the first time, minimizing those pesky last-minute surprises.
Step 5: Happy Closing Day! 🎉
What Happens: Your loan is officially Clear to Close (CTC)! We coordinate with the title company, and you sign the final papers.
The Result: You get the keys, or you get your retirement funding strategy fully locked in. Time to celebrate!
The Final Step: I promise to follow up with you long after closing. You're a client for life!
