Our Unusually Rewarding

Loan Process

Pie should be this easy.
How do we do it? Well, first of all we have experience; we’ve been around since 1871. Second, we hire Bankers who are passionate about helping families live a better life—whether by providing you with the extra cash you need or by helping purchase your first home. And last, we’ve simplified the mortgage process and tailored it to fit your needs. So what exactly goes on during the mortgage process? Go ahead and take a look.
  1. You apply.

    You start the process by choosing one of the many convenient ways to apply. Want to stop by our bank for a chocolate chip cookie and apply in person? We’d love to see you. Or maybe you prefer sitting in your La-Z-Boy and applying online from the comfort of your living room? More power to you. And if you want to pick up the phone and call us? We’ll be there.
  2. Together, we evaluate your situation to find the most beneficial solution.

    In order to provide you the best financial benefits available, we get to know your unique situation and your financial goals. We will pull your credit report to find out exactly which loan options you qualify for. Then we match your goals to a loan option that makes sense. Whether you want to purchase a home, consolidate debt, or simply pay off your mortgage faster, we will help you reach your goals faster.
  3. Your Mortgage Banker helps you gather information required to obtain a loan.

    The third step is what we call ‘Processing’ and that basically means we gather the required information in order to obtain your specific loan. We will also order any services that might be necessary such as an appraisal.
  4. Our Bankers underwrite your loan.

    Peoples Banker who are Underwriting Professionals will carefully go through each document you submitted and verify the information. It is their job to make sure all the necessary information is included and each “i” is dotted and every “t” is crossed. You might be required to submit more documentation depending on your specific loan requirement.
  5. You close on your loan.

    As soon as you know it, we’re scheduling your closing date. Your trusted team of Mortgage Bankers will schedule a date and time that is convenient for you. And if you’re refinancing, you get to choose the location. Your home? Your church? A restaurant? Heck, we’ll even come to your son’s baseball game if you want us to. You name it, we’ll be there. During the closing, you will sign the final loan documents and your funding will soon after be available to you.
  6. We celebrate!

    We celebrate you saving money, buying your dream home, retiring sooner . . . whatever your goal is we celebrate the fact that together we reached it. We hope to make you a Raving Fan of Peoples Bank for life.
To get started, apply online now, call us, or stop by one of our bank locations today.