Our Promise
The Gray Fox promise is simple: Lead borrowers down a homebuying journey that fits their specific needs. No matter the loan program – Conventional, FHA, VA, USDA, and so on – we’ve got solutions.
Tailored Services for Every Home Dream
Purchasing a Home
Your dream home deserves a dream process. With Gray Fox, experience homebuying that’s transparent, straightforward, and tailored to you.
Refinancing a Home
The right refinancing move can amplify your financial well-being. Lean on Gray Fox's expertise to discover the refinancing solutions that align with your vision and goals.
How Much Can I Afford?
Navigating the housing market starts with understanding your budget. Start your journey with confidence using our tailored mortgage calculator.
Guiding You Home, Every Step of the Way
Our Process: Clear, Transparent, Simple
1 - Pre-qualification
Pre-qualification is the first step in the mortgage application process. By evaluating your credit score, income, and assets, we identify suitable loan programs and estimate your borrowing capacity. This information is for your personal use and does not guarantee loan approval.
2 - Application
The first stage of the approval and loan application process involves the completion of a 1003 residential loan application. Once completed, our team will request items like paystubs, tax returns, W-2 forms, bank statements, and various other items needed to support the information provided on your application.
3 - Underwriting
This is the initial stage of your approval process where all the information gathered is reviewed. Our underwriters work with our processors to verify that the applicant meets all of the criteria of the loan program.
4 - Approval
Once the underwriter finishes their review and determines your ability to meet the requirements of your loan program, you’ll receive feedback on any additional conditions needed for final approval.
5 - Processing
The processing stage is where the items provided with your loan application are verified. Our loan processors will verify employment, review bank statements and credit history, and fulfill any conditions the underwriter needs to clear the loan for closing.
6 - Closing
Once your loan package is fully processed and all conditions have been satisfied, your file is marked “clear to close.” The lender prepares your closing documents, sends all necessary disclosures, and your closing is scheduled with your attorney/settlement agent and realtor, which is typically held at the title company.
Contact a Gray Fox Expert
Your Financing Questions Deserve Clear Answers
Buying a home is fun, don’t get us wrong, but there isn’t really a playbook for how to go about it. Here’s the good news: our Mortgage Bankers are ready to share their more than 150 combined years of industry experience with you. After all, transparency is the Gray Fox commitment.
