Review the following: income, assets, credit, new estimated payment & cash to close. MOMS will issue your pre-approval letter.

Begin looking at homes! Compare homes pros & cons using the MOMS Factor

Make an offer with your REALTOR®. Review all disclosures. 

Meet with MOMS to finalize contract within the first few days from the accepted contract. You will discuss your rate lock. Be sure to bring any supporting documents necessary for your loan.  

Schedule Inspection ASAP! Negotiate repairs — release inspection contingency. Shop insurance providers — send MOMS your selection. 

Contact MOMS to order appraisal. Your File will be submitted to underwriting. Be sure to check for and respond to emails from MOMS or lender regarding loan process. 

Conditional Approval. Once file has been underwritten, MOMS will receive a conditional approval. Work with your MOMS team to clear any conditions as quickly as possible. 

Cleared to close! Once conditions have been cleared by the underwriter, the file will be cleared to close. You will receive disclosures — be sure to open and acknowledge all items sent electronically. 

Come to closing prepared. Bring a certified cashier’s check made out to the title company, photo IDs, and a personal check in case there are minor changes. If married — bring spouse or specific POA. 

All good things come to an end! Whenever you decide it is time to move on, MOMS will be ready to help you with your next steps. Whether you stay in the same area or not, remember that we are licensed in 6 states and are always willing to add more to meet our clients needs.