1. The Mortgage Process By: Bruce Henderson

2. Step 1  Compare renting v buying  Communicate requirements necessary by lenders  Determine what type of home you are looking to purchase (condo,townhouse, single family)  Give general timeline

3. Step 2  Access Credit Reports (tri merge) Collect $15 for credit report Explain credit report in detail Determine where improvements can be made. Provide tips for improving credit scores.

4. Step 3  Compare lender’s requirements with current credit score  Advise of the purchase price they can qualify for  Give Good Faith Estimate Highlight the purchase price and monthly payments (PITI)

5. Step 4  Gather all supporting documents Bank statements Payroll history Order verification of rent Order verification of employment Etc.

6. Step 5  Connect pre-qualified client with realtor  Review executed contract with borrower  Provide new good faith estimate  Highlight closing costs and mortgage payment (PITI)

7. Step 6  Order Appraisal of property Collect $300 appraisal fee.  Review appraisal results with borrower to determine how to proceed.

8. Step 7  Submit complete file to lender  Go over all conditions with borrower Satisfy list of conditions

9. Step 8  Set a closing date

10. Step 9  Go over list of important dates after closing Homestead exemption filing Taxes Mortgage payment date etc

11. Contact Information  Mortgage Works Unlimited 2240 Palm Beach Lakes Blvd Suite 400A West Palm Beach, FL 33409  Phone numbers: Cell (561)543-3204 Office (561)471-3031 Fax (561)471-3479  Email: B.Henderson@e-mortgageworks.com brucehenderson300@gmail.com