Ask The Reel Team - What Are The Steps To Homeownership? - Made Easy!

1. Homebuyer obtains pre-qualification from lenders (such as Ellen Tuttle at Sagamore Home Mortgage).

2. Homebuyer looks at homes (with the Reel Team!) and writes an offer on the desired home.

3. Contract is accepted/Home is placed in escrow.

4. Loan application is submitted to lender.

5. Lender orders title & property appraisal.

6. Loan materials are reviewed & processed

7. Loan submitted to underwriting for approval.

8. Closing agent coordinates insurance, prepares transfer of final materials.

9. Loan documents are signed.

10. The loan is funded & recorded.

11. Homebuyer gets the keys to move into their new home!

We know that purchasing a home can seem complex, but with professionals helping you each step of the way it is a “done deal”!