Guest Blog: The Home Buying Process by Caliber Home Loans

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Buying a home can be one of the most exciting—and complex—transactions of your life. At Caliber Home Loans, Inc., we’re dedicated to explaining each step of the process in detail to every single one of our borrowers. While there are some individuals who will have a different process due to individual circumstances, the typical home buying process includes about 15 steps:

1.  Submit loan application to the lender with any required documentation

2.  A prequalification may then be obtained from the lender

3.  Select a real estate agent

4.  Find a home

5.  Negotiate the purchase price

6.  Contract is sent to the lender, who updates the application and requests updated documentation, if applicable from the borrower

7.  Home inspection

8.  Loan officer submits the file to processing at which time the appraisal, title, and tax certification are ordered and borrower provides insurance information

9.  File is submitted for Underwriting which may require additional documentation from the borrower to be resubmitted to Underwriting

10.  Final loan approval

11.  Closing documents sent to the title company

12.  The Closing Disclosure is given to borrower

13.  Required closing costs are established

14.  It’s time to close! Borrower brings a photo ID, signed closing documents and closing costs in the form of a cashier’s check or wired funds to the title company

15.  Funding – congratulations, you’re a homeowner!

I can transform the home financing process from a complex transaction to a straightforward, rewarding experience with a trusted expert. Contact me today to get started!

Bashir Kadi

Mortgage Consultant

NMLS ID 897160

Office 484-635-2111

Mobile 610-393-5753

3101 Emrick Blvd. Suite 113

Bethlehem, PA 18020


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About the guest blogger:  Bashir is passionate about helping people achieve their dream of home ownership. Bashir is very active in his community; he volunteers at the soup kitchen in center city Allentown and is also involved in the Community Action Committee of Lehigh Valley as an educator of finance and first time home buying. Bashir is passionate about customer service, and he will take the time to walk each client through the entire home buying process from start to finish. Call Bashir today to get started on your home loan!