At HAR-CO, we genuinely care about our members.
We believe in your dreams. Our knowledgeable team is ready to make you feel right at home.
Buying or refinancing a home is easier than you think. Following these steps will make your home-buying process as seamless, stress-free and affordable as possible.
Step 1: One-on-One Consultation
Call or stop in and meet with Terry Miller-Snee. Bring in proof of income (pay stubs, W2’s and federal taxes if self employed). She will review your credit report and credit score to determine how much home you can afford. Once your financial situation has been assessed, Terry will provide you with a pre-approval letter that states the amount HAR-CO would be willing to lend you for your home purchase.
Step 2: Finding Your Home
Find an experienced licensed real estate agent. Talk things over with your agent to determine what you really want and need in a home. This person will be your lifeline through the process. Start shopping! Once you’ve found the right home, your agent will work with you to present an offer.
Step 3: The Loan Process
Once your offer has been accepted and the contract is signed, HAR-CO will take your loan application, lock in your interest rate and order an appraisal. Additional documentation is required to process your loan:
Step 4: Schedule Property Inspections
Your Realtor will have a qualified Home Inspector evaluate the condition of the property, order a termite inspection and a well and septic test if applicable.
Step 5: Settlement
Once the loan process is complete and all loan conditions have been met, your settlement will be scheduled with an attorney or title company. A certified check or cashiers check will be needed for closing. Sign the required documents and you will receive the keys to your new home!
The Do’s and Don’ts of Your Loan Process