6710 Virginia Pkwy, Ste 215-019

McKinney, TX 75071



financing-process-texasThis is an easy way to understand the financial steps you will need to take to guide you towards your new home.

  • Calculate your budget
  • Apply for a mortgage/paperwork/loan application
  • Lender begins processing the application
  • Lender provides booklet of estimated closing and related costs
  • Lending institution requests an appraisal of home, a credit report and verification of employment and assets
  • Estimate of loan costs in the form of initial Truth in Lending Disclosure Statement
  • Lender evaluates the application and approves the loan
  • Search begins- A Classic Homes Realty Sales Associate shows you homes that meet your criteria
  • You find the house you want
  • You make an offer
  • Lender disburses funds to closing agent
  • Sign closing documents and loan is funded
  • Appropriate documents are recorded at the county level
  • Now it is your home