Who Is Involved, and What Are Their Roles?

Who Is Involved, and What Are Their Roles?

Learn about everyone you’ll work with throughout the mortgage process.

It may seem like it takes a village to buy a house, but each person plays an important role in the mortgage process.

Your path to homeownership begins with developing a budget and creating a financial plan for a future home purchase. Then, visit BBT.com/mortgage to contact the BB&T mortgage loan professional and learn about loan options. Your BB&T mortgage loan professional will help you qualify for a mortgage. Next, choose a real estate agent to help you find your dream home and put together your purchase offer. Your BB&T mortgage loan professional works with you to select the best mortgage product for your needs.

After you've selected a loan, a home appraiser determines the home's value. And a home inspector determines the properties condition. Generally, home inspections are optional requirements, but highly recommended. If you choose to have a home inspection, it is your responsibility to arrange that.

Then all of your information is sent to your BB&T loan processor to prepare for submission. Once all of your information is collected, it goes to your BB&T underwriter who evaluates your loan qualification credentials and the property you've selected to determine loan eligibility. Once approved, you complete the purchase with your settlement agent. You will receive your final disclosure documents, called closing disclosures, at least three days before closing.

At BB&T, we provide a positive homebuying experience with easy-to-follow instructions and clear communication that help put you on the path to homeownership. Visit BBT.com/mortgage to get started.

Keep educating yourself and get a clearer picture of homebuying.

Contact us

Interested in a mortgage? Call 888-946-8730.

Already have a mortgage with BB&T? Call 800-295-5744.

Loans, lines of credit and credit cards are subject to credit approval.

All BB&T mortgage professionals are registered on the Nationwide Mortgage Licensing System & Registry (NMLS), which promotes uniformity and transparency throughout the residential real estate industry. Search the NMLS Registry.

Branch Banking and Trust Company is a Member FDIC and an Equal Housing Lender.