Six steps to a delightfully smooth home loan process

Everyone at KBHS Home Loans is working to provide you with a smooth home financing process from application to closing. Here are six simple tasks that will help us get you to closing — and into your new KB Home — with no delays.

• DO keep track of the down payments and/or earnest money you paid during the early stages of your home purchase. This may be one or more cancelled checks, or proof of payments made directly from your bank account.
• DO keep copies of all pay stubs, tax returns, bank statements, and any other asset documentation as you receive them.
• DO notify us immediately if you’re considering taking a new job. This may affect your loan application.
• DO let us know if any of the following change: your income, assets, credit history, marital status, or address. We will work with you to determine if any of these affect your loan application.
• DO submit a completed gift letter if your loan allows gift funds and you plan to accept them. The letter must be signed by all gift donors and borrowers. If you need a sample gift letter, ask your loan originator or loan processor.
• DO begin shopping for homeowners insurance, as you will need to provide us with proof of your insurance policy before your loan closes. 

Questions? We’re here to help.

If you need assistance during any phase of your loan application’s processing, contact us today.