Genesis Mortgage Associates Company
2424 North Congress Avenue - Suite K
West Palm Beach, Florida
Phone: (561) 689-7331
Fax: (561) 689-7531
Contact Us Today!
Our Process
At Genesis Mortgage Associates Company we know the real estate process can seem overwhelming at times. That is why we make it our priority to make the loan process as simple as possible. Please take a look at our process and familiarize yourself with the documents and steps needed to get loan approval.
Get Pre-Qualified/Approved - When buying a home, you will want to get pre-qualified or pre-approved. This process will help you understand how much you can borrow and eliminate time wasted searching properties you may not be able to afford. Getting pre-approved gives you the home buyer more leverage when searching for your dream home.
Organize Your Documents * - These are a few documents that will be needed when applying for a home loan. Two years W-2 forms (for all jobs held) from the past two years, one month of pay stubs, bank statements from the past three months, and recent copies of stock and mutual fund statements, as well as 401K accounts.
Review Loan Programs and Rates - Determining the right loan for you can be difficult. With different rates, terms, points and fees, it's hard to determine which program is best for you. Please contact us today to discuss the right options for you.
Obtain Loan Approval - Once your loan application has been received, we will start the loan approval process immediately. This involves verifying your credit and employment histories, property value, and assets required to close. Based on your specific situation, additional documents or verifications may be required.
Close the Loan - After your loan is approved you will be required to sign the final loan documents. Be prepared to:
- Bring a Cashiers Check for your down payment and required closing costs.
- Review the final loan documents, interest rate and loan terms.
- Sign the loan documents.
* Documentation needed may vary for different programs. Contact your loan specialist for more information.