Our Process
HOW IT
Works
STEP 1
Pre-Qualification
This first step sets the stage. You and your Galati Group loan officer will assess your credit, establish expectations and discuss your financing options.
STEP 2
APPLICATION
STEP 3
Collect Documents
This is where you come in. We need your help getting your documents in as quickly as possible. You will team up with your loan officer to collect items such as W2s, Pay Stubs, Bank Statements and Employment History.
STEP 4
Order Appraisal
We collaborate with a top-tier appraisal management firm to ensure a smooth and continuous process. Our stringent criteria for choosing partners are designed to expedite what is traditionally a very time-intensive step
STEP 5
Submit to Underwriting
Galati Group initiates the underwriting of each loan at the onset of the loan process, affording you a substantial edge in a competitive market and averting any last-minute scrambles. This distinctive strategy enables you to avoid the industry norm of sluggish and stress-inducing lenders.
STEP 6
Approved with Conditions and Submit for Clear to Close
The Underwriter is presently overseeing the verification of your loan, ensuring all requisite conditions have been met. Your loan process has now concluded and is primed for the closing stage.
STEP 7
Closing Time!
We collaborate with the lender and closing attorney to prepare the final documents and determine the exact amount required for the closing day. Every step we have taken up to this juncture is geared towards facilitating a seamless and thrilling experience at the closing table. Now, it’s time to relish the joyous occasion as you take possession of your new home’s keys.
STEP 8
FINAL UNDERWRITING
