Loan Process

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Complete pre-qualification process. You can complete that here.
Once under contract to purchase a new home, sign Loan Application and Disclosures and provide supporting documentation to your NEHM loan officer (see list here).
NEHM Loan Processor will review your file for completeness and submit to the lender for review
Receive and acknowledge Loan Estimate and Initial Disclosures from your Lender which you will need to eSign.
NEHM Loan Processor will contact you to order the appraisal for the property you are buying.
Title work is ordered from your Closing Attorney by your NEHM Loan Processor.
Lender will review your file and issue a conditional Mortgage Approval with a list of items needed prior to closing. You NEHM Loan Processor will work with you to get these conditions cleared.
Once all conditions are satisfied, you will receive the Clear to Close and your file will move to the Closing Department.
Closing is scheduled with the Lender and Closing Attorney.
Closing Disclosure (CD) is issued to you at least 3 days prior to closing and needs to be eSigned. This will indicate the final amount due at closing. After at least 3 days have passed from eSigning the CD, your closing can occur!

Most recent 2 years W2s
Most recent 2 years Federal Tax Returns
Most recent paystubs (usually 4 if paid weekly or 2 if paid bi-weekly)
Most recent 2 months’ bank statements – all pages, must include name and all accountinformation (any large deposits must be sourced)
Most recent 2 months’ retirement account and investment account statements – all pages,must include name and all account information
Copy of Driver’s License(s)

Our Loan Process