Our Process
With more than 120 collective years in the mortgage industry, no one understands just how important transparency in the loan process is more than your team at Legacy. We work with you every step of the way, showing you what you can expect throughout the entire buying process.
As fixtures in the Upper Valley, we’ve fostered important relationships with area realtors, real estate attorneys and appraisers, allowing us to field a team of professionals dedicated to helping you navigate the buying process and ensuring your experience is smooth and rewarding.
What to Expect
Submit an Online Mortgage Application
We’ve simplified the online process so you can easily apply online and connect with your loan originator in-person or over the phone. You are also able to quickly upload all necessary documents after gathering them together.
Review With Your Loan Officer
Evaluating Loan Programs and Rates
Working with Legacy Mortgage means access to a wide variety of loan programs designed to ensure the best solution for your lending needs. Our team will review and evaluate everything you’ve provided us along with the goals you’ve shared with us and determine the best solution for you.
Pre - Qualification
Once we’ve collected and reviewed your information, we’ll send you a pre-qualification letter. Armed with this important document, sellers will consider you a serious buyer in the Upper Valley real estate market.
Start Shopping
With a pre-qualification letter in hand, it’s time to start working with your realtor to find a home to buy! Once you’ve found a home, you can confidently make an offer.
Formal Application
Order Appraisal / Title Review
Your loan officer will order an appraisal. This part of the process ensures the price you are paying for the home matches the actual value determined by the market.
Loan Goes to Underwriting
Once we have all the documents and your application everything is submitted to the underwriter for review.
Conditional Approval
After everything is reviewed you’ll hear from our team that your loan has received conditional approval. This is an exciting part of the buying process, because now we wait to be given the “Clear to Close,” which is one of the final steps before the closing.
Review With Your Loan Officer
Pre - Qualification
Once we’ve collected and reviewed your information, we’ll send you a pre-qualification letter. Armed with this important document, sellers will consider you a serious buyer in the Upper Valley real estate market.
Formal Application
Loan Goes to Underwriting
Once we have all the documents and your application everything is submitted to the underwriter for review.
Approval / Clear to Close
This signifies that we’ve been approved to close on your loan. Hooray! Enjoy your new home and thank you for allowing us to be part of your home buying process.