1. Here’s What Happens When You Purchase a Home The AMERAN Group Enhancing Communities One Homeowner at a Time C

2. Consider Purchasing a New Home Prequalify with your Realtor or Lender Select A Realtor Discuss Agency Laws

3. Using Mortgage Lender Make formal application with mortgage lender Application information is entered into the Processing System and your interest rate is locked, if you requested a rate lock: You are sent “hello” letters and disclosures Credit documentation is obtained: Clarification needed Favorable report

4. Mortgage Lender Continued… A property appraisal and verifications are obtained The underwriter evaluated your verified info against approval criteria Approved or Declined Loan Approved: Title Company: Title Search Documentation Preparation The Closing is Held Moving Day!