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LOAN PROCESS
(For
Home Improvement Financing) |
STEP
1: LOAN APPLICATION
The
loan process begins when you complete and submit a
loan application either
on-line, over the phone or via fax. Loan approval decisions are made in one business day -
usually same day! |
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STEP
2: LOAN SELECTION
Based
on your needs and qualifications (credit scores, employment history, and
other criteria), you will usually have several loan options available to
you. We will explain these options to you so that you can make an
informed decision. No matter what loan you qualify for, we will give
you our best effort and utmost attention to ensure that your needs are met
in the most economical and hassle-free way! |
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STEP
3: LOAN PROCESSING
Viking
Capital underwrites and processes loans in-house for faster, more flexible
servicing. We will clearly explain all your loan details. Once
the loan conditions are met and a clear title report is received, your loan
documents are drawn. Loans fund shortly after the documents are
signed. |
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STEP
4: LOAN FUNDING
The
final step in the home improvement loan process is loan funding.
Viking Capital issues two-party checks made payable to both you and your
contractor/builder. Funding is often staged so that payments are
aligned with project milestones. |
