Found The House of Your Dreams?
Let GL Financial Handle The Rest.
GL Financial Will Help Along The Way.
Your New Home Loan Awaits.
Let GL Financial Guide You There!
Apply today and a highly-experienced GL Financial mortgage loan consultant will get back to you shortly.
Our process is built to give you a quick pre-approval for almost any financing situation and a painless closing.
GL Financial offers the full range of loan products including jumbos, FHA, VA and interest-only options.
At GL Financial We Deliver A Hassle-Free Loan Process!
we believe you deserve to enjoy the pleasure of buying your new home.
Once you apply, a GL Financial Mortgage Loan Consultant will get back with you quickly to discuss interest rates, closing costs, and the best loan program for you. They’ll also go over your loan application information and advise what documents will be required from you to issue an approval.
A mortgage pre-approval is the process where your lender reviews your finances to determine if you are financially able to buy a home and how much you can afford. When this process is complete, you’ll receive a preliminary commitment document, which is your official pre-approval that can be provided to your Realtor or builder.
It’s important to note that a mortgage pre-approval is not the same as a pre-qualification. Pre-qualification is a much looser estimate of how much you could spend on a home because it’s generally based on a quick phone call where you provide financial estimates. For this reason, it’s not regarded as highly as a pre-approval.
Your loan processor gathers all necessary documents from you and third parties (e.g. appraisals and title reports) to prepare your loan for submission to the underwriter for approval. He/she will be your main contact during the processing of your loan through your closing date.
The underwriter issues the approval on your loan after reviewing your income, employment, credit history and assets. He/she is required to follow published lending rules when determining if a loan can be approved.
When the underwriter approves a loan, there are generally conditions they require the loan processor and the borrower to provide. Examples include borrower explanation letters for certain circumstances, or clarifications from the appraiser regarding the property. Your loan processor will advise you regarding any information required from you and guide you every step of the way.
Once all underwriting conditions have been satisfied, your loan is marked “clear-to-close” and is moved to the GL Financial closing department. Your loan processor will advise you when this step occurs.
The closing department prepares the closing documents and sends them to the title company. GL Financial will provide you with the final closing figures (via the Closing Disclosure) and the title company will confirm the date/time for the closing. Now it’s closing time!
You’ll bring the required funds for closing via a cashier’s check or wire transfer (check with your title company for exact requirements) and sign the required documents including the Note, Mortgage and Federal disclosures. Your loan is done, congratulations!
GL Financial works with numerous banks to offer you the best possible rate based on your loan profile. So, count on getting the rate you deserve.
Jumbo loans are loan amounts that exceed $483,450.
Portfolio loans are retained by the lender and not sold on Wall Street or through FHA/VA.
Loans for borrowers who are not residents of the United States.
Loans for borrowers whom have not purchased or owned a during the past three years.
The principal and interest portion of your payment never changes.
Conserve you cash with a low down payment loan.
FHA home loans are insured by the Federal Housing Administration.
A VA mortgage loan is an earned special benefit for those who’ve served our country.
GL Financial works with numerous banks to offer you the best possible rate based on your loan profile.
Please fill out this form to initiate contact with GL Financial Services. Once you click submit, a GL Financial Mortgage Loan Consultant will be in touch shortly.