The E-LOAN process

1. Compare loans
Search hundreds of loans in seconds and find the lowest rate for the product that best meets your needs. If you're not sure which product is right for you, we will recommend one.


2. Apply
Our online application is so simple you can complete it in minutes. Once your application has been submitted, our industry-leading commitment to privacy will ensure that your personal information is completely protected. Your information will be fully encrypted for transmission and then stored securely on our servers.


3. E-LOAN approves loan
Get a decision in minutes and order your appraisal with a credit card to expedite the process. E-LOAN has eliminated the delays that occur when a mortgage broker has to rely on an outside lender for a loan decision. Instead, being licensed as a direct lender allows us to provide you with a fast credit decision. E-LOAN utilizes automated underwriting systems that dramatically reduce your documentation requirements, enabling us to close your loan quickly. Finally, by processing your loan in-house E-LOAN has the control necessary to preserve the confidentiality of your personal information.


4. Search rates and lock your loan online
Through your E-Track account you are able to lock your rate 24-hours-a-day. Afterwards, you will receive an email confirming your rate and price. Plus, once your rate has been confirmed E-LOAN guarantees that your closing costs will not change.


5. E-LOAN completes underwriting
Once you have locked your loan you can relax while E-LOAN completes the final details. E-LOAN will prepare your loan documents and deliver them to your title company. We will then contact you to arrange a signing appointment.


6. E-LOAN funds the loan
Your Loan Consultant will clear up any final conditions and arrange for E-LOAN to disburse your money. E-LOAN guarantees that your loan will close on time or you will receive a $500 rebate.


7. Sign Loan Documents
You can select a signing office that is conveniently located for you. Once you notify your Loan Consultant of your choice they will make all the necessary arrangements directly with that company. The title officer is present at the signing to answer any questions you may have.