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Carly Saltzman
Home Loan Advisor
NMLS# 1361197

8945 Cal Center Drive
Sacramento, CA 95826

(310) 938-9300 or
(310) 903-2165
csaltzman@golden1.com

 

Getting to know me

As a Home Loan Advisor with Golden 1 Credit Union, I assist members throughout Southern California, notably South Bay and West Los Angeles, with their home financing needs. I pride myself in helping members be prepared for the entire process. I communicate
with them every step of the way and anticipate needs before they arise. Read More >

Getting a Home Loan

Once you select Golden 1 Credit Union Home Loans for your home financing needs, I will work with you to ensure the process is straightforward and fast. Before you know it, you'll have a mortgage that suits your lifestyle and improves your financial picture.

An overview of the home loan process is provided below to help you understand what to expect. However, as your Home Loan Advisor I will be available throughout the process, to guide you, answer your questions and provide regular updates. It is my goal that you feel comfortable with the transaction every step of the way.

STEP ONE—Pre-Qualification or Pre-Approval
The terms “pre-qualification” and “pre-approval” each has its own distinct meaning when it comes to home financing. To get pre-qualified you need to provide basic information about your income, debts and available down payment. This will allow me to estimate the percentage of your income that can be used to pay for a home and related loan expenses in order to determine your general purchasing power. A pre-approval, on the other hand, provides you with confirmation that you will be approved for a loan and puts you in a much better position when you start shopping. To get pre-approved, I would need verification of your income, debts, and assets as well as authorization to review your credit. A pre-approval requires a much deeper analysis of your financial situation, but will help you understand your actual budget and position you as a more credible buyer. Either way, it is important to consider getting pre-qualified or pre-approved prior to beginning your home search.

STEP TWO—Applying
When you've selected a property and have a contract with the Seller, the next step is to complete your loan application, which can be done easily through my website. As a part of the application process, you will need to provide important documentation, such as pay stubs, W-2s, bank statements, etc. For a more complete list of documentation needed, see our Mortgage Checklist page. If you are ready to get started, apply now.

STEP THREE—Home Appraisal Ordered
One of the first steps we take after receiving your completed application is to order a property appraisal for you.

STEP FOUR—Processing
Your loan application is submitted for processing and we will work with you to gather any outstanding financial information. Once we have received all your documentation, your application will be reviewed by our underwriting team. Throughout this process, I will be monitoring your loan’s progress to help keep it moving quickly.

STEP FIVE—Approval and Signing
Once your loan receives final approval, your Real Estate Agent or the Seller will designate an Escrow/Title Company to handle the funding of your loan. We will coordinate with the escrow team and provide them with all the final loan documents, which you will typically sign at their office. The title company will call you to set up an appointment. At this time they will also provide you with the final closing fee information.

STEP SIX—Processing
After you sign the closing documentation, the title company will submit them to our Funding department to verify everything is complete and compliant with all applicable regulations. If anything is missing or incomplete you will be notified immediately. Otherwise, we will fund the loan and the title company will send the deed to the county recorder’s office.

STEP SEVEN—You receive your keys
Once your loan has funded and the appropriate documents have been recorded with the county, your Real Estate Agent can give you the keys to your new home!

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