A quick overview of the loan process.
1. Learn How Much You Can Borrow
Getting pre-qualified for a loan helps you determine how much money you can borrow, persuade home sellers you're the real-deal, and speed up your closing.
We always recommended that you get pre-approved before you start looking for your new house.
CLICK APPLY
Click the APPLY button on the home page.
CREDIT CHECK
Confirm credit level and liabilities.
PROVE INCOME
Submit proof of income and assets.
2. Find a Home
Finding the right home can be both an exciting and exhausting process.
We recommend a BuyUSDA trained Real Estate Agents to help you save you valuable time. money, and stress.
REALTOR
Select a BuyUSDA trained Real Estate Agent with program experience.
SEARCH
Select from thousands of qualified properties in eligible areas.
OFFER
Make strategic offers that help negotiate lower upfront costs.
3. Process Your Loan
Once your accepted offer has been received we will start the loan approval process.
As a lender, we work within program guidelines and underwrite each applicant on their ability and willingness to repay the loan.
PROCESSING
An expert Loan Processor will verify all of the information you have given.
GUIDANCE
A Loan Technitian can help you at any step of the process.
APPROVAL
If everything checks out you'll be approved for a home loan!
4. Close Your Loan
Time to "sign, seal, deliver!"
REVIEW
Review your loan terms and confirm everything is accurate.
SIGN
Sign your loan documents with a closing agent.
CELEBRATE
Buy your new home and celebrate!
BuyUSDA.com is owned and operated by LYC Mortgage, LLC.
All applications, underwriting, and legal agreements will be with LYC Mortgage, LLC moving forward.
