Colorado Home Loan Info
In Colorado, Golden Lenders home mortgage believes in providing a clear plan for your Colorado Home Loan. It is in Golden Lenders best interest to educate every client no matter if it’s your first home or not. Our goal is to get you pre-approved for your Home loan in Colorado as quick as possible. Colorado Home Loans are our business, let us help you get you into that new Colorado Home with one of our specialty loans.
Looking at the chart below, you will see the entire Colorado Home Loan process.
Colorado Home Loan Process
|
Task |
Who |
Details |
|
Review our loan information for Colorado Home Buyers. |
Applicant |
Before you begin our application, please review these pages on our Golden Lenders Colorado Home Loan Website. |
|
Apply for your CO Loan |
Applicant |
Complete an application. |
|
Phone Consultation |
Golden Lenders |
Briefly discuss and consult with you about your CO Home Loan. |
|
Credit Check & Prequalification |
Golden Lenders |
We pre-approve you quick. Our goal is to get you a pre-approval letter within days to get your loan started and your Colorado Home search underway. |
|
Required Loan Paperwork |
Golden Lenders |
We can visit with you, visit our office, or mail you the documentation. |
|
Rate Lock & Appraisal |
Golden Lenders |
We determine your loan amount, type of loan and rate, your loan agent will recommend the appropriate time to lock the rate. |
|
Loan Submission |
Golden Lenders |
Once all of the paperwork is finished by our processors, your package will be forwarded to underwriting for approval. |
|
Underwriting and Approval |
Golden Lenders |
An underwriter will review the package and fax an approval to Golden Lenders. Normally, everything is handled through Golden Lenders. |
|
Loan Conditions |
Golden Lenders |
Golden Lenders receives the conditions from underwriting for final preparations to close. |
|
Deliver Loan Documents |
Golden Lenders |
Loan documents are prepared and delivered to the escrow agent. The escrow agent will call you to arrange a signing. This is coordinated by your loan originator, your Realtor and the escrow agent. |
|
Loan Funding |
Golden Lenders |
Once the signed documents are returned, they will be reviewed. The escrow agent will request a wire transfer of the loan funds, close and record the transaction. |
Colorado Home Loan Flowchart
Documents for Golden Lenders Colorado Home Loans
1. W-2 forms or 1040 tax return forms if you’re self-employed for the last two years for every person signing the loan.
2. Copies of most recent pay stub from every person signing the loan.
3. Copies of most recent two months of bank or credit union statements for both checking and savings accounts.
4. Copies of most recent brokerage account statement.
5. Copies of your most recent 401(k) or other retirement account statement.
6. Documentation to verify additional income, such as child support, pension, etc.
7. Addresses where you lived for the last two years and addresses where you’ve been employed for the last two years.
