What to Expect

Count on our helpful tools – and tireless loan officers – to make your Ameriana mortgage a simple, and stress-free process. Here's what to expect.
1. You'll complete our online application.
The application will ask you questions about the home and your finances and takes less than 20 minutes to complete. As soon as you've finished the application we'll review your request for approval. If your application is approved online we'll ask you for a deposit to cover the cost of the appraisal on your home so that we can begin to process your request immediately.

After your application is completed, a Mortgage Representative will contact you to introduce themselves and to answer any questions you may have. Your Mortgage Representative is a mortgage expert and will provide help and guidance along the way. If you did not receive an online approval, your mortgage representative will request additional information from you to make a decision on your loan request.

2. We'll send you an application package and prepare your loan for closing.

The application package will be sent to you and will contain papers for you to sign and a list of items we'll need to verify the information you provided about your finances during the online application.

We'll order the appraisal from a licensed appraiser who is familiar with home values in your area. Sometimes the appraiser will need to view the home; he or she will contact you to schedule an appointment.

Title insurance will be necessary. If you are purchasing a home, we'll work with the real estate broker or seller to ensure the title work is ordered as soon as possible. If you are refinancing we'll take care of ordering the title work for you. We'll use the title insurance policy to confirm the legal status of your property and to prepare the closing documents.

3. We'll contact you to coordinate your closing date.

After we receive your application package, the appraisal, and the title work, we'll contact you to schedule your loan closing. If you are purchasing a home, we'll also schedule the closing with the real estate broker and the seller.

The closing will take place at the office of a title company or attorney in your area who will act as our agent. A few days before closing your Mortgage Representative will contact you to walk through the final information.

That's all there is to it! Apply Now and you will be on your way to the most convenient home loan ever!