Home Purchase Basics


In General.... 

A home purchase may be your largest financial transaction to date, so it's important to make the right decisions and to keep an eye on the details. With the assistance of your Real Estate Agent and Loan Officer, it should be an efficient, pleasant, and ultimately rewarding experience.

Count On Your Real Estate Agent To: 

Negotiate the best deal on a home for you. With a Pre-Approval letter from us in hand, your Real Estate Agent will be able to demonstrate that you are a fully qualified and capable borrower. This will strongly influence the Seller, and may make the difference between the Seller accepting your offer or someone else's -- even if your offer is lower!

Count On Your Mortgage Loan Officer To: 

Pre-Qualify and approve your credit and credit documents for a solid mortgage loan approval. (This approval will be subject to an appraisal, survey and clear title.)

Assist you in selecting the best loan to meet your personal situation and financial goals. (This single decision can save you thousands of dollars throughout the term of your loan!)

Provide you with a clear & concise Loan Estimate of settlement charges to be expected at closing.

Keep you informed of your loan status throughout the entire process.

Keep your Real Estate Agent and the Listing Agent informed of our loan progress (Note: your personal information is always kept confidential between you King Financial Group, Inc. and our investors; (only the progress of your loan is shared).

Count On Yourself To: 

Make sure you are pre-approved as early as possible. This will put the power of financing behind you so you can concentrate on selecting your home.

Keep the process moving smoothly by providing documentation requested by your Loan Officer or Loan Processor as soon as possible. By doing so, many of the details are taken care of early in the process so you can comfortably concentrate on any last-minute details that require your attention.

Select your Homeowners Insurance Agent and relay this information to your loan processor as soon as possible.

Wire funds for closing to the title company 24 hours prior to closing.  Your loan processor will send you the wire instructions through a secure site. 

Bring your driver’s license to closing
 
And that's it. All you have left is to enjoy your new home! 

All of us at King Financial are honored to serve you. If you would like further assistance in narrowing down your options feel free to try our Purchase Assistant or inquire about Today's Rates. If you have any questions please do not hesitate to call us.
 
Office: 972-539-2500

We will lend anywhere in Texas!
 
 
Corporate Office:
2600 Village Parkway Suite 100 
Highland Village TX 75077
NMLS 270308


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