1. Get Pre-qualified

Pre-qualification with AB&T is simple and it will help you figure out how much home you can afford. Complete our online application or meet with one of our mortgage lenders to complete the process.

2. Work with a Realtor to find your perfect home

When buying a home, you’re going to come across many forms, disclosures and industry specific jargon. A Realtor is familiar with all these things and can be your expert guide. He or she can also help pinpoint a home that fits your needs, budget and then negotiate an offer.

3. Make an offer

The purchase offer is the first formal communication you’ll have with the seller of the home. It will tell the seller things like what you’re willing to pay for the home, what you expect for a closing date and will also state any additional terms of the sale. Examples include who will pay closing costs and how real estate taxes, utilities, etc. will be prorated between buyer and seller.

4. Provide necessary documentation to your loan officer

Once you’ve made an offer on a house, it’s time to gather the following paperwork –

• W-2’s and/or tax returns for the past two years
• Current paystub from the last 30 days
• Bank statements from the 2 most recent months
• Copy of your purchase agreement
• Your homeowner’s insurance agent name
• Child support agreement/divorce decree (if applicable)

You will need to get the documents to your mortgage lender.

5. Your loan is processed, underwritten, and approved

Your mortgage lender will create a loan file and will give it to an underwriter, who is team member in our mortgage department. The underwriter’s job is to assess the risk of the loan.