Roadmap to Homeownership

THE ROADMAP TO 1 Pre-Qualification 2 Call Primeline Capital at (704) 285-8020 to complete the application process. This only takes 10 minutes, and will let you know right away what you've qualified for! Your loan officer will collect income documentation for verification purposes prior to pre- qualification. From there, your Loan Officer will send you a prequalification letter so that you can shop confidently knowing a loan is waiting for you. Budget Work with your Loan officer to determine what your budget is regarding purchase price, down payment, and monthly housing expenses. Your loan officer will work diligently to help you determine a budget that you feel comfortable with. 3 Meet with a Realtor 4 5 Call your realtor and share the great news, and send them your pre- qualification letter. Let them know what your purchase price range is. You both should keep a copy on hand to prepare for house hunting. House Hunting Use your pre-qualification to steer you in the direction of homes that meet your budget! Again, keep your pre-qualification letter on hand for when you find your dream home and are ready to submit an offer. If you have any questions regarding monthly housing expenses, reach out to your Loan Officer, and they will crunch the numbers to show you what the monthly housing expenses would be. Submit An Offer Congratulations! You've found a dream home and are prepared to submit an offer! Work with your realtor to determine what you want your offer to be. Call your Loan officer and let them know, and they will reach out to the listing agent to introduce themselves and to let the seller know you are a qualified buyer!

THE ROADMAP TO 6 Contract 7 8 Congratulations! Your offer has been accepted! 9 Now you will work with your Realtor and the listing agent to go under contract on your dream home. Your Realtor will help negotiate purchase price, and you will provide an Earnest Money Deposit (see Mortgage Terms Glossary in this toolkit). Due Dilligence Period Pay attention to your due dilligence period! This is listed in your contract. Your Loan Officer will work to make sure to keep an eye out on this period deadline to ensure there will be no hurdles in the loan process after this period is up. Select Loan Program Work with your Loan Officer to determine which lender and loan program first you and your financial situation. Your loan officer will then register your loan, and walk you through the loan estimate including cash to close, and what to expect at closing. Your Loan officer will order the appraisal for the Shomue dburimng thiiststDageo. cuments 10 Your Loan Officer will hook you up with a Processor who will request documentation including bank statements, W2s, purchase contract, source of down payment proof of funds, and any other applicable documents to submit to the loan underwriter. This is a good time to shop out Homeowner's Insurance! Your loan officer will help you with this! Loan Underwriting During this time, your team at Primeline Capital is doing all the heavy lifting to get your loan approved so that you don't have to! Relax and prepare for moving, but be ready to provide further documentation or signatures if needed.

THE ROADMAP TO 11 Loan Approval! Congratulations! Your loan is approved and it is time to work with the title company to balance final figures! Your Loan Officer will go over all closing documents and you will review the cash due at closing to make sure everything looks good and you are ready to close on your new home. Time to schedule closing! Coordinate with your movers so that you can get into your 12 Closing Dayhome as soon as possible! This is the day you've waiting for! 13 You, your realtor, the seller and the 14 title company will meet to sign all closing documents. You'll have your cash to close on hand, and you'll be handed the keys to your brand new home! Tell Your Friends! Now that you've closed and made it through what could have been a stressful process, it's time to tell your friends and family about how hard your Loan Officer worked for you! You will also be hooked up with some Primeline Swag to add to your brand new closet. 5 Star Experience Here at Primeline Capital, we pride ourselves on giving our clients the best experience possible. We appreciate any 5 star reviews given by our clients! It is not required, but it does mean a lot to us for you to share your experience by dropping us a 5 star review. Your loan officer will send you a link to complete your reviews online. Thanks in advance! THANK YOU FOR CHOOSING for your home buying journey