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10-Day Close Process

10-Day Close Process

Our streamlined loan review process can help you buy or refinance in just 10 days. Here’s how it works:

  1. Within 3 days of submitting your application, you must submit your income, assets and credit documentation.
    • A Loan Originator will work closely with you to obtain all required documentation, ensure that it’s complete and accurate, and submit it to loan processing.
  2. An appraisal will be ordered, a title search will be completed, and property insurance will be verified.
    • A Loan Processor will review your documentation and submit it to underwriting within 24 hours.
  3. Your loan will be assigned to an Underwriter to complete an initial review within 48 hours.
    • If conditions are required, your loan will be sent back to the processor to work with you to clear conditions within 2 days.
  4. Your loan will be sent to an underwriter for final review. The Underwriter will issue a clear to close (CTC) and assign the loan back to the processor who will inform all parties of the CTC, verify the closing date and time, and place the loan in the closing queue. The closer will have 24 hours to provide closing documentation to the settlement agent.
  5. You’ll close and sign any remaining documentation.

Home financing is now easier than ever. Get started now!

Read more about the 10 Day Loan Process.

First-time buyers

Mortgage Calculator

Contact our office with any questions, concerns or ideas.  No Question is too small. 

Start the Friendly, Fast & Free Pre-Approval Process Today!

Arizona Rentals

In the past 15 years, I have moved multiple times and worked with many different realtors throughout the country. None of the past experiences compare to the experience my wife and I received from Austin Heredia and Chicago Rentals. Austin was extremely patient and professional throughout the process of finding a new home. He went above and beyond in helping my wife and I to find our first home after marriage. We had a lot of needs and he made sure to hit all of them!
I highly, highly recommend Chicago Rentals and Austin Heredia for all your rental needs. He is extremely personal, professional and patient through the process. He has a passion for getting out into the field and meeting new people. He will surely help you to make your next dream place a reality ! Look no further then Chicago Rentals and Austin Heredia to help you find your next home. You will not regret it !
– Chris H.
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