The Lyon's Path - William Lyon Homes San Diego

Managing the financial aspects of buying a home can be time-consuming and detail-heavy. But we'll help you get all those details under control and make your homebuying experience more enjoyable, as it should be.

The numbers experts
You're already familiar with the team at William Lyon Financial Services, Inc. who pre-qualified you for your loan. They, too, are well-qualified to help you navigate your homebuying experience. They're also accustomed to working very closely with our sales team. We have compatible systems. We share the same commitment to excellence. And, most importantly, we monitor your loan together to make sure the loan process is synchronized with the construction timetable. We track your loan's progress and take the necessary steps to prevent any delays in your home's close of escrow. This convenience pays for itself. And it's the primary reason why very few of our buyers choose outside lenders.

As a first step, you will work with a William Lyon Financial Services Loan Counselor who will help you to understand current interest rates, the inevitable fluctuations and other economic variables so that you can identify the loan that's right for you. Your Loan Counselor will explain all your options, as well as the nuts and bolts of mortgage insurance, title insurance, escrows and appraisals. Ask as many questions as you like so that you're best able to choose a loan that meets your family's needs. Finally, you'll work with a William Lyon Financial Services Loan Processor who will handle all the details of the loan you select and will stay by your side until the process is complete.

A neutral third party
Once your purchase agreement is signed, you'll open escrow with a deposit check that will be cashed and held in an escrow account. "Acceptance of the deposit" means that we will hold your home off the market. At the same time, you're agreeing to begin the loan approval process in good faith and to close escrow. You'll be considered "in escrow" until your home has closed and the title has been successfully transferred to you. Duxford Escrow, Inc. is a neutral third party and acts as the holding agent of documents and funds until all conditions determined by the purchase agreement and escrow instructions have been met. Like all escrow companies, Duxford is government regulated and required to maintain impartiality across all transactions.

Duxford Escrow has helped thousands of our homebuyers over the years. Because of this long-standing relationship, they are very familiar with our process and systems, and can more easily access all of the documents needed to close your escrow. And because they understand how valuable your time is, they will send someone to your home, place of work, or even your local coffee shop to obtain your signature. Just like William Lyon Homes, Duxford Escrow is committed to accuracy, convenience and providing the level of service you deserve.

Be Prepared
Loan approval is the green light that you need to keep your homebuying process moving. And it assures us that you have the means to purchase your home at close of escrow. Shortly after your complete loan package has been submitted to the lender, you can expect to hear from your Loan Processor. There are a number of variables that affect the timing of loan approval, so make sure you are engaged in the process. Provide the necessary documentation promptly and accurately, and set an estimated time frame for expected approval with your Loan Counselor. You are required to get loan approval within 45 days of signing your purchase agreement.

Lock in that rate
"Locking in your rate" guarantees your loan interest rate and loan terms for a specified length of time. This can protect you from rising interest rates. Lock-in rates can typically expire in 10 to 180 days depending on your specific loan terms. So try to lock in your loan with an allowance for a few extra days should any delays occur in construction. Your Loan Counselor will be in direct contact with your Sales Counselor throughout your escrow and will call you 60 days prior to closing escrow to begin finalizing the details. Work with your Loan Counselor to monitor interest rates and evaluate programs (fixed versus adjustable rate mortgages, for example) so that you are able to find the best loan package for you. Please keep in mind that your Loan Counselor will not lock in your rate unless you've given your express written permission to do so.

Don't forget the finishing touches
You may be able to finance upgrades and options such as flooring, window coverings, countertops and cabinets as part of your loan. You'll want to calculate an estimated options budget during your loan negotiation process. Ultimately, if you plan to finance your options, the number of upgrades you can purchase depends upon the loan amount you qualify for and the appraisal of your property.

Upgrades increase your purchase price, so be sure to consider tax and other fiscal implications in your decision making.



	Managing the financial aspects of buying a home can be time-consuming and detail-heavy. But we'll help you get all those details under control and make your homebuying experience more enjoyable, as it should be. The numbers experts You're already familiar with the team at William Lyon Financial Services, Inc. who pre-qualified you for your loan. They, too, are well-qualified to help you navigate your homebuying experience. They're also accustomed to working very closely with our sales team. We have compatible systems. We share the same commitment to excellence. And, most importantly, we monitor your loan together to make sure the loan process is synchronized with the construction timetable. We track your loan's progress and take the necessary steps to prevent any delays in your home's close of escrow. This convenience pays for itself. And it's the primary reason why very few of our buyers choose outside lenders. As a first step, you will work with a William Lyon Financial Services Loan Counselor who will help you to understand current interest rates, the inevitable fluctuations and other economic variables so that you can identify the loan that's right for you. Your Loan Counselor will explain all your options, as well as the nuts and bolts of mortgage insurance, title insurance, escrows and appraisals. Ask as many questions as you like so that you're best able to choose a loan that meets your family's needs. Finally, you'll work with a William Lyon Financial Services Loan Processor who will handle all the details of the loan you select and will stay by your side until the process is complete. A neutral third party Once your purchase agreement is signed, you'll open escrow with a deposit check that will be cashed and held in an escrow account. "Acceptance of the deposit" means that we will hold your home off the market. At the same time, you're agreeing to begin the loan approval process in good faith and to close escrow. You'll be considered "in escrow" until your home has closed and the title has been successfully transferred to you. Duxford Escrow, Inc. is a neutral third party and acts as the holding agent of documents and funds until all conditions determined by the purchase agreement and escrow instructions have been met. Like all escrow companies, Duxford is government regulated and required to maintain impartiality across all transactions. Duxford Escrow has helped thousands of our homebuyers over the years. Because of this long-standing relationship, they are very familiar with our process and systems, and can more easily access all of the documents needed to close your escrow. And because they understand how valuable your time is, they will send someone to your home, place of work, or even your local coffee shop to obtain your signature. Just like William Lyon Homes, Duxford Escrow is committed to accuracy, convenience and providing the level of service you deserve. Be Prepared Loan approval is the green light that you need to keep your homebuying process moving. And it assures us that you have the means to purchase your home at close of escrow. Shortly after your complete loan package has been submitted to the lender, you can expect to hear from your Loan Processor. There are a number of variables that affect the timing of loan approval, so make sure you are engaged in the process. Provide the necessary documentation promptly and accurately, and set an estimated time frame for expected approval with your Loan Counselor. You are required to get loan approval within 45 days of signing your purchase agreement. Lock in that rate "Locking in your rate" guarantees your loan interest rate and loan terms for a specified length of time. This can protect you from rising interest rates. Lock-in rates can typically expire in 10 to 180 days depending on your specific loan terms. So try to lock in your loan with an allowance for a few extra days should any delays occur in construction. Your Loan Counselor will be in direct contact with your Sales Counselor throughout your escrow and will call you 60 days prior to closing escrow to begin finalizing the details. Work with your Loan Counselor to monitor interest rates and evaluate programs (fixed versus adjustable rate mortgages, for example) so that you are able to find the best loan package for you. Please keep in mind that your Loan Counselor will not lock in your rate unless you've given your express written permission to do so. Don't forget the finishing touches You may be able to finance upgrades and options such as flooring, window coverings, countertops and cabinets as part of your loan. You'll want to calculate an estimated options budget during your loan negotiation process. Ultimately, if you plan to finance your options, the number of upgrades you can purchase depends upon the loan amount you qualify for and the appraisal of your property. Upgrades increase your purchase price, so be sure to consider tax and other fiscal implications in your decision making.

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