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About Loans

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Loan Process

Step 1. Preparation
Step 2. Consultation
Step 3. Application
Step 4. Processing/Approval
Step 5. Closing/Funding

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"You cannot beat the personal and professional service that Stratus Mortgage provides!"

- Michelle King, client, Austin, Texas

Step 4: Processing/Approval

Loan Process Step

Once we determine the best loan program for you and complete your application, we will ask you for verification documents. Additionally, we will request many of the following items:

• Appraisal
• Survey
• Title Commitment
• Verification of Deposit
• Verification of Employment

Once the file is complete, we will send it to an underwriter, who will review it. Sometimes the underwriter will have questions or will request additional documents. We will stay in constant communication with you to keep the process running smoothly. Once approved, we will prepare the final HUD-1 Closing Statement so you can review it before closing.

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Stratus Mortgage, LLC
Terrace VII | 2801 Via Fortuna, Suite 450, Austin, TX 78746
brian@stratusmortgage.com | ph. (512) 263-0641 | alt. (866) 710-0641