Application

Complete the loan application after having an initial conversation with your lender about the loan process, as well as your specific needs, goals, and expectations. The application can be done face-to-face, online or by phone.

Credit Ordered / Disclosures Sent

Once you have provided authorization, your credit will be pulled after the loan application has been received as a first step to creating your unique borrower profile. Disclosure documents that provide different details about the home loan agreement will be sent and must be signed in order for your loan officer to proceed.

Documentation Collected

Some documentation will be required to validate your application. For example, you may be asked for a driver’s license, tax returns, and W-2 statements for verification purposes. Your lender will then review your overall financial picture, including your debt, income ,assets, credit, and employment history in an effort to determine the different programs and rates available based on your borrower profile.

Appraisal Ordered

Once you are under contract an appraisal of the property will be ordered. We will ask for homeowners insurance at this time, and we must have it for the loan to close.

Underwriting

The loan file is now submitted for underwriting. Underwriting includes analysis of the borrower’s credit and employment history and an examination of the subject property.

Approval

Once your file has been reviewed by underwriting you will receive a conditional approval, if you qualify for the loan program. Your conditions specialist will work with you to satisfy the requests and get your final loan approval.*

*  Provided for informational purposes only. This is not a commitment to lend. Not all borrowers will qualify.

Clear to Close

A “clear to close” will be issued after all requested conditional approval documents have been reviewed and approved by the underwriter. Remember, we must have homeowners insurance before a clear to close can be issued.

Closed & Funded

A “clear to close” will be issued after all requested conditional approval documents have been reviewed and approved by the underwriter. Remember, we must have homeowners insurance before a clear to close can be issued.

Estimate Your  Monthly Mortgage Payments

Provided for informational purposes only. This is not a commitment to lend, not all borrowers will qualify.
Consumer Complaint Notice: Infinity Mortgage Holdings LLC is chartered under the laws of the State of Texas and by state law is subject to regulatory oversight by the Texas Department of Banking. Any consumer wishing to file a complaint against Infinity Mortgage Holdings LLC should contact the Texas Department of Banking. Consumers/customers may file complaints with the Texas Department of Banking by contacting the Department through one of the means indicated: In Person or U.S. Mail: Texas Department of Banking 2601 North Lamar Boulevard Suite 300 Austin, Texas 78705-4294. Telephone Number:1-877-276-5554(toll free) Fax Number:512-475-1313. E-mail: consumer.complaints@dob.texas.gov; Website Address: www.dob.texas.gov.