Loan Process

Letís Break it Down

Youíve decided to apply for a mortgage loan with Reliant Bank; now you need to know the next steps to take.  Your Mortgage Loan Originator will work with you throughout the entire process to ensure you have all the necessary documentation required for a loan decision to be made. 

At Reliant, we want to make the loan process as easy as possible. Hereís what you can expect:


Step 1:  Get Prepared

  • Obtain all the necessary information for your loan application.

  • Meet with your Reliant Bank Loan Originator to discuss how much house you can afford.  We recommend you consider getting pre-qualified for your loan.

  • Begin the exciting search for your new home!

Step 2:  Meet with your Reliant Loan Originator

  • Complete your loan application with the assistance of your Loan Originator.

  • Discuss any questions regarding payments, escrows and any cash you may need for closing.

  • Obtain any additional documents needed to prepare for your loan to close.

Step 3:  Your Loan is Being Processed

  • Reliantís Loan Processor will prepare your loan for the final approval process.

  • Any additional information or documentation will be requested prior to your loan moving on to the underwriting step.

Step 4:  Your Loan is Sent to Underwriting

  • The underwriter works with the loan processor and loan originator to ensure all loan documentation is correct and complete.

  • The underwriter will make the final decision on your loan.

  • Once approved, the loan closer will prepare your loan package and sent to the closing attorney

Step 5:  Your Loan is Sent to the Closing Attorney

  • The closing attorney may contact you for your Home Ownerís insurance information.

  • The attorney then prepares a Settlement Statement and communicates the information to the processor who will contact you with a figure of how much cash you need to bring to closing with you.

Step 6:  Your Loan Closing

  • Itís the big day!  Make sure you bring:

    • A certified check for closing costs

    • Any additional documentation requested by the attorney

    • Proof of your Home Owners insurance

  • The closing attorney will review all documents with you and answer any questions you may have.

  • Congratulations!  Youíre now a homeowner!

 Do you have more questions? Please contact a Reliant Bank Mortgage Expert or give us a call today at 615-221-2040 and we will be happy to assist you in selecting the right loan or answering any questions you may have.