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PURCHASE/FINANCING PROCESS

Get Pre-approved with Wholesale Mortgage Services of Wisconsin

  1. Find a realtor or For Sale by Owner.
  2. Discuss with realtor needs and wants.
  3. Identify property.
  4. Submit offer to purchase.
  5. Recieve counter offer or accepted offer.
  6. Submit earnest money.
  7. Contact Wholesale Mortgage Services of Wisconsin with details of transaction.
  8. Decide if you want to lock.
  9. Sign initial mortgage documents and submit financial documents.
  10. Order inspection
  11. Recieve inspection report.
  12. Amend offer if anything showed up in the inspection.
  13. The appraisal and title are ordered at this time and the file is sent to underwrting.
  14. We address any conditions, ie, appraisal, title, updated pay stub.
  15. You will obtain Homeowners Insurance.
  16. Obtain clear to close.
  17. Issue commitment.
  18. Schedule closing.
  19. Obtain closing statement.
  20. Close loan, obtain keys.

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