What is involved in applying for a home loan?

Once you have selected a new Woodcrest Home, you will meet with a home mortgage consultant to begin the application process. Your mortgage consultant will begin by collecting the information needed to process the loan. Once all the information is collected, your application is reviewed by the lender. Underwriters are trained to evaluate your financing requirements and will work to approve your application. Once you are approved and your new Woodcrest Home is complete, you will go to closing. At closing, ownership of the home is transferred from Woodcrest Homes to you.