To assist you in refinancing your next home, we've outlined who is responsible in processing, approving and closing throughout the mortgage process.

ESCROW:   An independent third party responsible for disbursement of funds.
THMC:        The Honest Mortgage Company is responsible for this task.
YOU:          You are responsible for this task.

• YOU & THMC: Discuss the mortgage program(s) that best suit YOUR goals, and then complete your loan application online, or in person
  
  
• THMC: Orders all other documents needed to complete your loan application, including your credit report (we will give you a copy).
  
  
• YOU: Supply THMC with all the lender requested documents as timely as possible.
  
  
• THMC: We start a new escrow for you.
  
  
• THMC: Orders an appraisal from a licensed appraiser (in your area) to determine the value of your home.
  
  
• YOU: Obtain hazard/homeowner's insurance for a minimum coverage of structural replacement value per the appraisal. Proof of payment of annual premium is required before closing.
  
  
• ESCROW: Orders title search.
  
  
• THMC: Advises you when the appraisal is received.
  
  
• THMC: Completes all paperwork to ensure your loan is ready to close.
  
  
• YOU: Ensure you have completed all paperwork for your hazard/homeowner's insurance and forward a copy to THMC 5 days prior to closing.
  
  
• YOU & ESCROW: Bring photo identification and a cashier's check for the funds needed to close to the closing escrow appointment.
  

For more details please view Understanding the mortgage process

Unrivaled service, clear facts, no surprises, and honest answers. The Honest Mortgage Company - the smart mortgage choice! Call (858) 405-6117 for professionalism you can count on!