Thank you for placing your trust in us in this journey!
Below is a comprehensive list of documents required for both the purchase and refinancing of residential and commercial properties. Please review each item to ensure a smooth transaction process.
Note: If your files haven’t been successfully uploaded and you’re applying for a loan or refinance, please click the ‘Apply’ button to proceed with your application.
All of the above documents should cover about 90% of the documents needed to process your loan.
Loan Process
Apply By Completing The Loan Application
Apply By Completing The Loan Application
6.7%
Provide The Requested Documents
Provide The Requested Documents
13.32%
Authorize The Underwriter To Review Your File
Authorize The Underwriter To Review Your File
19.92%
Receive Your Approval Conditions/Denial
Receive Your Approval Conditions/Denial
26.52%
Provide The Requested Conditions
Provide The Requested Conditions
33.19%
Order Appraisal
Order Appraisal
39.86%
Order Environmental If Commercial
Order Environmental If Commercial
46.47%
Provide More Conditions
Provide More Conditions
53.13%
Get Clear To Close
Get Clear To Close
59.73%
Sign Documents
Sign Documents
66.33%
Deposit/Wire The Remainder Of Downpayment
Deposit/Wire The Remainder Of Downpayment
72.93%
Record The Title In County
Record The Title In County
79.53%
Receive Title Recordation Confirmation
Receive Title Recordation Confirmation
86.13%
Congratulations, Get Your Key
Receive Title Recordation Confirmation
92.81%
Receive Your Final HUD Statement From Title Company
Receive Your Final HUD Statement From Title Company
100%
Refinance Process
Same Process As Above
Note: In residential, you can lock your rate as soon as your application has been completed.
In commercial, the lender has to review your file before they provide you with letter of intent and then you can lock the rate.
At this time, our residential purchase can take between 10-20 days. It depends on how fast you provide us the documents.
Refinance typically takes 3 business days more because of the recession period.
Commercial purchase can take between 45-60 days.
Commercial SBA can take between 60-90 days.
We have kept our rebate with the lenders very low. This allows you to get very low rate compared to our competittors.
We are an independent mortgage brokerage licensed through DRE, proudly serving clients since 2007.
CA DRE#01480904 and NMLS# 300923
Company
Get In touch
- 510-786-8739
- info@simtg.com
- 44840 South Grimmer Blvd Fremont, CA 94538
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