The Loan Process

Insignia’s lending experts will identify, structure and package the best loan program — at the most competitive rates — to accomplish your specific needs and harness the power of your current assets.

01
Apply for a Mortgage
02
Pre-Approval
03
Get Insignia Approval
04
Close Your Loan

01 Mortgage Application

An experienced home loan expert will review your income, credit and financial statements and provide a detailed analysis, including:
  • Complete cash flow analysis based on borrower’s current income, debts and loan amount requested.
  • Out-of-the-box solutions for borrowers who do not meet traditional guidelines or have highly complex personal and business profiles, such as:
    • Foreign National borrowers
    • No Tax Return loans
    • Retirees with little or no income but substantial assets
    • Parents assisting children with first time home purchase
    • Borrowers looking to vest property in LLC, partnerships, irrevocable or blind trusts.
 

02 The Insignia Pre-Approval

  • We conduct a thorough review of the borrower’s documentation and match custom solutions based on each individual’s personal needs and financial profile.
  • Our pre-approval truly means the qualifications for a mortgage have been thoroughly evaluated and the loan is solidly pre-approved.
  • A pre-approval from Insignia Mortgage assures real estate agents of a borrower’s seriousness and qualifications to buy a home.
 

03 Obtaining A Loan Approval

Once we’ve submitted your loan to the investor, the typical approval turnaround time varies from 1 to 7 business days. During this time, we will continue to anticipate additional lender requirements to close on the transaction.
 

04 Closing Your Loan

Once your loan is approved, Insignia will work diligently with all parties involved to obtain all outstanding paperwork necessary to close the loan in a timely fashion.