The Mortgage Process
Delmar Mortgage’s FastTrack program can give you the advantage you need to come in first.
How do you stand out?
It’s no secret that the housing market today can be challenging. But that doesn’t mean you should get discouraged! Before attempting to buy a home first consider how you can stay competitive in the housing market – by making your offer stand out.
FastTrack your loan!
How does the FastTrack program work? Once your application is submitted your loan commitment is processed and underwritten prior to your home search, so that when you find your dream home you are ready to move quickly. Your loan will be funded and closed in as little as 10 days! Learn how by watching quick video.
Watch our video
The FastTrack advantage
If you have begun to research the homebuying process for your first home or have purchased a home in the past, then you’ve probably heard the terms pre-qualification and pre-approval. While these steps may sound similar to a FastTrack loan commitment, they have a few important distinctions.
Here’s a quick break down:
Lender will review your credit report and rely on the information you provide to determine if you might qualify for a home loan. Then, you will be provided a ballpark estimate of what loan amount you may qualify for.
Lender will review your credit and verify your income and asset documentation. Then, you will be provided with a pre-approved loan amount and interest rate.
FastTrack Loan Commitment
Our team will review your credit and verify your income and asset documentation. Then, your loan is fully processed and underwritten, and your file is given the final stamp of approval. You just need to find your new home and make an offer! It’s the best option to stay competitive in the market.
Don’t let the complexities of the mortgage process slow you down! Reach out to a local Loan Officer to get started on your FastTrack loan commitment!