Orbitix Lending
Loans Details
4-Step Lending Process
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The Lending Process
At each step, you will know just what to expect from us.
Step 1: Complete One Simple Application Form. No obligation. No upfront costs.
You will only need a few minutes to complete an online approval form and provide us with loan
and property information to help us understand your lending needs and with contact information
(email, name, address and telephone) to contact you.
Step 2: Qualification and Pre-Approval
Once your application is submitted a Conditional Pre-qualification Email will be send
within the same business day, specifying: Loan amount, Interest rate, Documents
required for underwriting and closing, Estimated Closing Costs. You will have to complete, sign and send us the
formal application to start the process.
Step 3: Loan Processing
After we receive your package, the underwriting process will begin. In 2 days we will
send you the commitment letter and we are able to close your loan very quickly.
Our diligence efforts are done simultaneously, saving you
time and money. During this step: appraisal is engaged, title is ordered and
loan is reviewed.
We will work closely with you to collect the appropriate documents, keep you updated
on your loan, and ensure it closes in a timely and professional manner.
Step 4: Closing and Funding
After your loan is processed and the terms have been finalized,
it is time to close your
loan. We will prepare your loan documents, send them to a closing agent in your area
and schedule a closing date. All your documentation will be signed
and the closing agent will arrange to disburse your money.
With Orbitix Lending, it's that easy and simple
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