Then speak with an exclusive California Pacific Homes sales agent. You will learn details of the purchasing process and receive a loan application to complete. Completing Your Application Refer to the Loan Needs List for guidance on the information you'll need to complete the loan application. The builder's sales agent can answer questions. In order to purchase your new home you will need to be able to show that your down payment is liquid.
Liquid means that the funds are available in a savings or money market type of account.
Stocks or stock based accounts are not considered to be liquid. An appointment will be made to sign your purchase agreement once you have the opportunity to review the purchase documents. Loan Processing Within five days of purchasing your home, you meet with a California Pacific Homes preferred lender. All documentation noted on the Loan Needs List will be needed at that time to verify employment, source funding, determine credit, et cetera. The preferred lender then processes the loan for approval within approximately 15 days of purchase.