The Loan Process

We understand that sometimes the loan process can be a confusing experience, so we’ve tried to make it a little easier! Click on any of these ten easy steps to find out what you can expect after you apply for a loan with Pyramid Financial.

	Applying on-line with Pyramid Financial is fast and easy. In four steps, You can apply for a loan on our secure application. A team of Money Store employees will handle your request from start to finish!
	We will keep you informed through the loan application process by contacting you by phone or e-mail. We look forward to assisting you through the loan process.
	Once received by Pyramid Financial, a loan officer will review your application. If you conditionally pre-qualify, he or she will contact you to answer any questions and help you determine if The Money Store has a loan program that suits your needs. If, at that time, you do not qualify, we will notify you by mail as to the reasons why.
	We may need you to provide us with documents such as a recent W-2, a mortgage balance statement, and homeowner insurance information. We may also need a signed authorization to verify your employment and to get the balance due on your mortgage from your current lender. You may fax these to us or we will work with you to have the items shipped.
	A title search may be performed on the property securing your loan and title insurance may be obtained to protect you. Your loan officer will discuss with you the title requirements pertaining to your loan application.
	An appraisal may be required to determine the current value of your property. Your loan officer will discuss with you the appraisal requirements pertaining to your loan application.
	With your authorization, we may need to obtain payoff statements from your creditors or verification from your employer. Your loan processor will perform this function and can answer specific questions you have about verifications.
	Once your loan package is complete, it is sent to Pyramid Financials investor underwriting department for final processing.
	If approved, you will sign your loan papers in or near your hometown. Typically, a Money Store employee or a closing agent will meet with you and guide you through the paper work and answer any questions you have.
	Usually, your loan funds are available 3 business days after your loan signing. Checks will be mailed to you or the funds will be wired into your bank account.