Know exactly what to expect from pre-qualification to closing. Typical timeline: 30–45 days for purchase, 30–60 days for refinance.
Follow this proven 8-step timeline to close on time with zero surprises.
Get a preliminary approval amount based on basic financial information. No credit pull yet—this step is fast and free.
Once you find a property (or if refinancing), complete the full application. This triggers credit check and document collection.
Loan processor verifies all your documents, orders appraisal, confirms employment, and prepares file for underwriting.
FHA-approved appraiser inspects property for value and minimum property standards (MPS). More thorough than conventional appraisal.
Most common delay: Appraisal issues or repair negotiations. Allow extra time if property is older or needs work.
Underwriter reviews all documents, verifies loan meets FHA guidelines, and issues conditions (requests for additional documentation).
All conditions satisfied, underwriter issues "Clear to Close" status. You're approved! Escrow prepares final documents.
Conduct final walk-through of property (usually 24 hours before closing) and wire down payment + closing costs to escrow.
Sign final documents, receive keys, and officially become a homeowner. The moment you've been working toward!
Congratulations! You're a Nevada Homeowner!
First mortgage payment due ~30–45 days after closing. You'll receive a welcome packet with payment details.
We'll guide you through every step, keep you updated in real-time, and close on time—guaranteed.