Steps: 1) application & equity estimate; 2) income/credit review; 3) appraisal; 4) underwriting; 5) closing (with a right to cancel); 6) lump-sum funding at your fixed rate.
Application to closing
We take your application, verify income and credit, order the appraisal, and complete underwriting to set your loan amount and fixed rate. Primary-residence loans include a three-day right to cancel.
Funding and repayment
At funding you receive the full lump sum, and fixed monthly payments begin. There’s no draw period — you get all the money at once, which suits a known, one-time expense.
Frequently asked questions
When do I get the money?
All at once at funding, after the rescission period on a primary residence.
Can I pay it off early?
Usually yes; we’ll disclose any prepayment terms up front.
How long does it take?
Commonly a few weeks from application to funding, depending on the appraisal.
Save Financial is a California-licensed mortgage brokerage (NMLS #377740, DRE #01875766). Figures are illustrative for 2026 and not an offer of credit.