The Loan Process - Prime Capital, Inc. Tucson AZ

An overview of the loan process

Make no mistake, there's a lot involved in getting a mortgage loan. You wouldn't be here on our website if you could fill out a one-page application and get the best loan for you funded the same day. What we do is do most of the heavy lifting for you, so you can concentrate on what's important -- preparing to move into your new home, saving money, or making plans for your home equity check.

There are three main steps involved in getting a loan. You'll see that we've made your part in them as easy as possible, and we do all the work! That's why we're here.

Step One: Determine how much you can borrow

This is a function of a couple things. How much of a monthly payment can you afford? And given your unique credit and employment history, income and debt, and goals, how much will a lender loan you? The first part you can get a rough idea of by using the calculators on our website. We'll also help you through different scenarios by asking a few simple questions. Based on standard lender guidelines, we'll give you a good idea of what kind of terms and loan program you can expect the most benefit.

Step Two: Apply now! We make it easy

Once you've made an offer and it's been accepted, it's time to complete the loan application. It couldn't be easier, and you can do it online, right here at our website. When the time is right, we'll order an appraisal of your new home.

Step Three: Your loan is funded!

Your real estate agent and the seller's will work together to designate an escrow/title company to handle the funding of your loan once it's approved. We'll coordinate with the escrow company to make sure all the papers your lender will need are in order, and you'll sign everything at the escrow/title company's office.

You've answered a few questions, given us some detailed information, applied online, and next thing you know, you're moving in! We're in the business of mortgage loans, you're not -- so we do most of the work. Doesn't that make sense?

...Where Your Interest Is Our "Prime" Concern...

5357 E. Pima St.
Tucson, AZ 85712-3631
Ph: (520) 323-3300 • Toll Free: (800) 315-7746 • Fax: (520) 323-1906
E-mail: prime@primecapital.com