Loan Timelines

The time is takes to get a loan at Texas Heritage National Bank is much quicker than you probably think.  We can help you from start to finish, whether you are in one of the towns we have an office in or if you are corresponding with us over the phone or email.  Our lenders know that your time is important and we will make the entire loan process as easy as possible for you.

APPLICATION:  Step 1

The first step in getting any type of loan is completing a loan application and submitting the requested financial statements and income verifications.  These can all be downloaded from our website and are available in the “Forms, applications, and calculators” section of our website.  Once you download or pickup an application and complete it, you can either return it by mail, fax, or drop it off at one of our locations. 

Depending on the type of request, we might need some additional information.  We will give you a call and let you know what, if any, additional items are needed.  These may include tax returns, pay stubs, W2 forms, bank statements, and identification documents such as driver’s licenses and social security cards. 

APPROVAL: Step 2

After your application is completed, it will be reviewed by a loan officer.  If additional items are needed and requested, the approval process might take a little longer.  The approval process involves reviewing the information on your application, pulling a credit report, and verifying your assets, liabilities, and income in most cases. 

Our loan officers make decisions in the bank in most cases so the approval process is fast and can have you an answer in less time than other financial institutions.  We will call you and let you know our decision as soon as possible.

INTERIM PERIOD: Step 3

The time from approval of your loan closing varies based on what type of loan you have been approved for.  Personal loans are documented and signed quickly while loans secured by real estate take longer to complete.  We will take care of all the necessary steps to get your loan closed quickly.  On real estate secured loans, this includes ordering appraisals, title policies, and documents when necessary.  Regardless, we will keep you informed of the progress of your loan every step of the way.

CLOSING: Step 4

We will schedule your loan closing to be as convenient for you as possible whether it is closing at the bank or at a title company.