1st Nations Mortgage Corp

The Mortgage Process

You search our low rates and make contact with one of our Loan Officers. We provide you exact rate, terms, payment and other possibilities. You choose your type of loan and fill out our online mortgage application. We take your application, mate it up with your credit report and send it off to the chosen lender. The lender sends you a loan application to esign. This starts the process and is typically completed in a couple of days.

Initial Documentation

You upload verification documentation to our secure upload center while we get you in line for underwriting.

Underwriting

The underwriter runs your loan against the Fannie/Freddie computer systems and if approved this provides a roadmap of documents to obtain. These typically include: Driver's license, old mortgage statement, homeowner's insurance paid receipt and dec page, all W2's and paystubs, bank statement, credit report, appraisal, letters of explanations, homeowner's association paid receipt, title commitment, CPL, RE tax certificate, previous lender payoff, and wiring instructions. Your loan officer will obtain many of these documents on your behalf, but some need to come from you.

Clear to Close

Typically your underwriter will have questions that need to be answered and your loan officer helps get these done. When the Underwriter is set, they issue a Clear to Close or CTC. You will start receiving additional documents to sign including your Closing Disclosure or CD. You will pick a time to close your loan where all borrowers must be present ready to sign

Hooray! This is your Closing

Closings typically take place at the closing company or real estate attorney's office. You pick the date and time that works for you. ou must have your ID and a bank check for any money due at closing. The CD will show you how much money you need to bring to closing, if any. Sometimes you walk away from the closing with cash. Your loan officer can make all this happen for you. Typically you skip a full calendar month before you have to make your first payment.

Testimonials

I've financed 3 properties with 1st Nations Mortgage. One I purchased a home then I refinanced a couple of times. Each time I got at lower rate, with less cost than everywhere else I priced. They are the best!

Heather Forbes

Long term customer

Robert has been my go to mortgage guy for over 10 years. In this time I've purchased and refinanced many times and even got divorced once and needed that property refinanced. Robert's depth of mortgage knowledge is the best. He seemed to always have my back and took care of every situation I threw at him.

Ty Gifford

Long term customer

Easy Mortgage Closings with Great Rates

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