What to expect during the refinancing process

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Application

You will meet with a People’s United Bank mortgage expert to discuss both your short term and long term goals as a potential home owner.

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Appraisal & Processing

A licensed appraiser will appraise the property being financed. We will verify your income and assets, review property information and credit history.

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Commitment

Your application and financial profile will be reviewed by a mortgage loan underwriter. If approved, a commitment letter will be issued.

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Closing

At closing you will sign the final loan documents.

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