What Happens After I Submit My Application?

Once you submit your loan application with LoanGuys.com, our team immediately begins reviewing your file.

Your application goes through a clear, step-by-step process designed to get you approved and funded as quickly as possible.

🧭 Step-by-Step Overview

1. Application Review

After submission, your file is automatically assigned to a LoanGuys.com loan advisor.

They’ll review your information, check eligibility, and reach out (usually the same or next business day) to discuss your options.

Your advisor’s goal is to understand your investment strategy — whether you’re buying, refinancing, or scaling your portfolio — so they can match you with the best loan program.

2. Initial Discovery Call

Your advisor will schedule a short call or email follow-up to:

• Verify property details and loan purpose

• Discuss available programs (DSCR, Fix & Flip, Bank Statement)

• Review estimated loan amount, rates, and terms

• Provide your next steps checklist

3. Document Collection

Once you confirm you’d like to move forward, you’ll receive secure upload links to provide:

• Bank statements (for proof of funds)

• Purchase contract or refinance statement

• ID and entity docs (if using an LLC)

The faster you upload your documents, the sooner your file can move into underwriting. Speed = faster funding.

4. Appraisal & Underwriting

An appraisal is ordered to confirm property value and market rent (for DSCR loans).

Underwriting reviews the deal based on:

• Property income vs. mortgage payment (your DSCR)

• Credit and reserves

• Property condition and marketability

You’ll be notified quickly if any additional documents are needed.

5. Loan Approval

Once underwriting is complete, you’ll receive a Loan Estimate (LE) outlining your rate, fees, and terms.

Your advisor will walk you through everything before you sign.

Final approval is issued once all conditions are cleared — then you’re ready to close!

6. Closing & Funding

You’ll sign your final loan documents (often electronically), and funds are typically released within a few business days.

Most DSCR loans with LoanGuys.com close in 2–4 weeks — depending mainly on appraisal turnaround times.

🧩 After Funding

Once your loan funds, your LoanGuys.com team remains available for:

• Refinance opportunities

• Portfolio growth strategies

• Future property acquisitions

We aim to build long-term relationships — not just fund one loan.

Submitting your application is just the first step — from there, our team handles everything needed to get you approved, funded, and growing your real estate portfolio.