Get Pre-qualified Now
One of the first steps involves a prequalification that includes calculations regarding loan underwriting guidelines. If you're not already pre-qualified, it's time to do so now.
Download a Mortgage Application
To assist you in your mortgage process, the mortgage application is available for you to download and print.
Apply Online Now
Waterstone Mortgage Corp. will begin the work of verifying all the information you've provided.
Talk to a Waterstone Loan professional for more information.
The loan process can take anywhere from one to four weeks, depending on the type of mortgage you choose, whether you're buying a home outside your local community, and other factors.
Within three business days after your signed application, we will give you a good faith estimate of your closing costs. You'll also get a statement that shows your estimated monthly payment, the cost of your finance charges and other facts about your mortgage.
Stay in touch with us to speed up the application process. Some home buyers find the closing process to be one of the most intimidating aspects of buying a home because it's so unfamiliar. If so, ask us what to expect at your closing.
Once you receive your approval, and you're waiting to close on the sale of the home, don't go on a shopping spree. The mortgage lender may do a final check of your credit report or bank accounts to make sure you're not assuming more debt or spending your cash reserves. There are steps you can take to quickly if your loan is denied.