Step-by-Step

A Quick Look at Refinance:

• Get an accurate Kalculator rate quote online in seconds
• Apply either online here or by phone 877.271.4212
• Lock in your rate with KAL Financial
• Sign Loan papers for you new loan

A Quick Look at Purchase:

• Get prequalified
• Get a KAL Financial Pre-Approval Guarantee
• Choose a Home
• Sign loan papers and close escrow on your new home

It’s that easy! Start today with your online Kalculator or call us now at 877.271.4212

The Loan Process in Detail

Step 1

Get started by entering your information into the Loan Kalculator >. Select the Real-Time Quote button and your information will processed in seconds. The Real-Time Quote page will open with the list of loan options on the right will be displayed.

Step 2

Find the loan your interested in and select the apply now button. A welcome page will open with a Patriot Act window. Select agree button and a 1003 Application login page will open. Enter your email and create a password. Then just fill out the application the following pages. Average time is 10 minutes. It is a good idea to have all the pertinent details on your income, current loan amount (if you have one), credit card balances, etc.

Step 3

Your secure information will be processed promptly and one of our qualified Kal Financial loan experts will contact you. We will give you a status on your loan application. If all the disclosures and items are met, your experienced Kal Financial loan expert will submit your loan application to the automated underwriting application. This underwriter will issue a complete review detailing what is necessary to complete the transaction. Once the approval is issued, we will order an appraisal from one of our preferred appraisers. The appraiser’s contact info will be e-mailed to you and the appraiser will contact you shortly to set up an appointment.

Step 4

Once the appraisal is received, it and the loan are submitted for final approval. The final approval will then be issued within 48-72 hours.

Step 5

Final approval. Once the final loan approval is received from underwriting, there is one last review for any additional items required. After that, we can draw your final loan documents for signing.

Step 6

Sign final loan documents. After your final loan papers have been drawn, an estimated closing statement will be sent to you for your review. The closing statement details all of the distributions to be made through the loan as well as any cash to you. A notary will contact you to schedule a time to bring the loan documents to your home or office to complete the signing at your convenience.

Step 7

Congratulations! You’re KAL Financial loan is funded!