Applying for a Mortgage

Now that you have a clear understanding of the home buying and lending process, it is time to apply for your loan. Here are some steps to consider when applying for a loan.

Begin Your Application

At Ameris Bank, we strive to make the application process as convenient as possible for you. You can choose from a variety of ways to apply:

  • Apply Online. Apply Now to access the online application. Once the application is submitted, we will be in touch with more details regarding your loan.
  • Give Us a Call. Call one of our Mortgage Bankers to discuss the process, walk you through the steps and aid you in completing the application.
  • Give Us a Visit. Visit us at one of our locations, to meet with a banker to walk you step-by-step through completing the application.

Provide Supporting Documents

Once your application has been completed, you will be given a few disclosure documents to review, sign, and return.

Loan Estimate. Your Mortgage Banker is required, under federal law, to provide you with a Loan Estimate disclosing all of their fees within three days of submitting your loan application. This estimate will fully disclose, in writing, the terms and conditions of the mortgage, including the Annual Percentage Rate (APR) and other charges.

You have 10 days to review this document and decide if you wish to accept our offer. You will then be asked to submit any additional documentation that is necessary in order to process your loan.

Gather All the Essential Documents

There are many documents needed when completing the loan application. All will be gathered by the Loan Processor during processing. To make the loan process as quick as possible, already have the documentation on hand. For a list of items, take a look at our Borrower’s Checklist.

Review and Verification

Once all the necessary documentation has been submitted, the Underwriter will then review and verify all the documents. A home appraisal will also be completed to check the current market value of the home.

At this point in the lending process, the Underwriter will determine if you are approved for the loan or denied. Sometimes, a loan is neither approved nor denied, but instead, the Underwriter supplies the borrower with a list of requirements that will need to be satisfied before the loan can be approved; these are called Conditions of Approval.