Our easy online application process takes less than 15 minutes. You can even choose to upload any required documents or allow our new asset verification process to collect your information directly from your financial institutions in a secure, simple and accurate process. To learn more about this process, click here.
Your Loan Officer will call you to review and confirm the online loan information you provided. They will take the time to understand your specific needs to better assist them in recommending the best financing options for you.
During processing, we'll review your financial documents and credit history to make the best lending decision possible. Your Loan Officer will notify you of your loan approval and work with you to prepare for closing.
After you discuss your final closing figures with your Loan Officer, Drees and First Equity will work together with you to coordinate a firm closing date and time.
With mortgage interest rates on the move, it's wise to put today's rate on ice. When you buy a new Drees home, First Equity Mortgage will lock your interest rate up to 210 days on any build-to-order home. And, should rates be lower 30 days prior to closing, you can re-lock at the lower rate at no additional cost.
Drees Freeze* is a benefit available at no cost to you on all build-to-order Drees homes. A commitment of 1% of the loan is necessary at the time the rate is locked, which is then credited to you when you close with First Equity.
* Click here for disclaimers and licensing information.