Why pre-approval?

We recommend all Buyers get pre-approved or fully underwritten before beginning their home search - knowing exactly how much you can comfortably spend on a home helps narrow the band of homes in your search.  Having pre-approval documentation also provides assurance to Sellers that you are a serious Buyer, and helps present your offer in a more positive, competitive manner.

Funding Your Home Purchase

1. Financial pre-approval/underwriting  (prior to offer submission)
  • Application and interview
  • Buyer provides pertinent documentation, including verification of assets and employment
  • Credit check

2. Underwriting  (prior to or after offer accepted)

  • Loan package submitted to underwriter for approval
  • Home appraisal

3. Loan approval

  • Parties notified of approval
  • Loan documents completed and sent to title (~7-8 days prior to COE)

4. Title company

  • Title survey, insurance
  • Borrowers (Buyers) sign loan documents (~4-5 days prior to COE) 

5. Funding

  • Lender reviews the loan package
  • Funds wired to escrow (~1-2 days prior to COE)


Get More Information:


By clicking Submit, I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.