At Allison Mortgage, we work hard to make the loan process, easy, flexible and fast. Below is a basic overview of the items needed for loan approval and funding, and the order in which the process occurs. Please note that this process may differ based upon your particular need; however, we will work with you every step of the way in order to get your project off the ground quickly.

• 1003 loan application
• Recent credit report
• Purchase Contract, if applicable
• Loan Summary
• Any additional helpful documentation

• Confirm receipt of application with client over the phone
• Verify details with client (if necessary)
• Meet with client at property drive by (if necessary)
• Gather information for underwriting

• Allison Mortgage loan committee meets to discuss findings
• Contact involved parties for additional information (if necessary)
• Decide on loan commitment
• Call broker or borrower with results
• Fax or email loan proposal to relevant party

• Client sends signed good faith estimate and conditional committment
• Client sends any third-party deposits
• Client provides stipulated materials for loan
• Meet with inspector at property for review of costs (if necessary)
• Inspector verifies project cost and sends to Allison Mortgage (if necessary)
• Closing is scheduled
• Loan is funded