The Home Equity Process

Understanding the loan application process prepares you to make better decisions. This section outlines how we process your application and if approved, how we close your loan. We are confident you will complete the lending process satisfied with the service, expertise, and quick turnaround times United Mortgage’s dedicated loan counselors are committed to providing.


Before applying, you should have the following information:

  • Your current monthly and yearly income
  • Your current expenses
  • The approximate value of your house


You can apply in the way that is most convenient to you:

  • Online
  • By phone
  • By visiting a local United Mortgage branch


During the loan process you may be asked to provide us with some basic documentation to help us validate the information provided. This may include:

  • Recent pay stubs
  • Last year’s W-2 or two (2) years tax returns if self employed
  • Homeowner’s insurance policy or binder

We may also need to obtain lenders title insurance on your property. Title insurance provides us with protection against potential adverse lien holders. The cost of title insurance can sometimes be financed.

Processing the loan

Once we have received all of the necessary information your loan will be processed as quickly as possible. The prompt return of all requested documentation will allow us to complete the transaction efficiently.

When you apply, your loan counselor will review the final application with you to make sure all your options have been considered.

Sign documentation

When your loan is ready to close, a loan documentation package will be sent to you via express mail.* You will be required to review the documents and sign as indicated in the presence of a Notary Public.

Receive funds

Once funds are available, they may be express-mailed to you or placed in an account of your choice through direct deposit. If you have completed a debt consolidation loan, we can mail the payoff checks to creditors for you.