Securant Bank & Trust

The Mortgage Application Process

We work to ensure your mortgage process runs smoothly and quickly. In general, here is what you can expect when you apply for a mortgage at Securant Bank & Trust®.

1. Application

Call our mortgage department at 414-442-5800 to schedule an appointment. If you stop into our offices to apply, the following documents will help speed up the process.

  • Social Security Numbers (for all borrowers)
  • Employment history for past two years, including dates and income
  • Payroll stubs for one month and W-2s for last two years
  • Checking and savings accounts
  • Tax returns for last two years
  • Credit information, including account number, payment amount, and current balance for all accounts
  • Proof of other income, such as land contracts or dividend income
  • If renting, landlord's name and address
  • Loan information and address of current mortgage lender

At the time of application, initial disclosures along with a Good Faith Estimate of closing costs will be provided.

2. Underwriting

At this time Securant Bank & Trust will:

  • Review the application
  • Pull credit bureau reports
  • Based on findings of underwriting procedure, proceed to verification process
  • Approve the loan

3. Verification

Securant Bank & Trust will verify the information you provided through income/employment checks, credit checks, and verification of assets. We will assess the property you intend to purchase.

4. Closing

To prepare for the closing the following steps are taken:

  • Securant Bank & Trust contacts all parties involved to schedule a closing date
  • Your closing statement will be reviewed with you prior to closing and the exact amount needed at closing will be determined 
  • At the closing you will need a Cashier's Check for the exact amount of the purchase, homeowner's insurance policy or binder, and a paid receipt