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Purchasing a home

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No matter what your situation is, there is a home financing solution for you. We are ready to guide you through your options and get you the best rate possible!

Conventional

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FHA

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VA

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Jumbo

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Renovation

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Construction

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Tyler Mulcahey Peters​ Mortgage Loans

How the process works

1

Documentation

There are a few critical documents we will need to verify to start your process.
2

Appraisal

The appraisal ensures the home you are buying is worth the price that is being offered.
3

Initial Underwriting

The Underwriter will verify that all information is accurate and authentic.
4

Conditional Approval

Conditional Approval is granted when the Underwriter approves the loan under certain conditions.
5

Clear To Close

The Underwriter verifies that all documentation has been provided and all conditions have been met.
6

Closing

Signing the final documentation and receiving the keys to your new home!

Tyler Mulcahey Peters

Senior Mortgage Advisor  //  NMLS #1243885

Licensed in MN & WI

Tyler Mulcahey Peters was born & raised in Minnesota. He grew up in southern Minnesota, attended Gustavus Adolphus College (go Gusties!), and has lived in Minneapolis since 2013. He and his husband, Andrew, purchased their first home together in 2017 and they currently live in the Hale neighborhood on the west side of Lake Nokomis with their two spoiled Chihuahuas, Bentley & Piper.

A mortgage and loan professional since 2013 and having helped over 1,000 individuals, couples, and families become homeowners, he has the knowledge and experience to help you through the loan process, find the terms that are right for your budget, and make sure all the legalities are competently handled so that the closing goes smooth and you can take possession of your new property on-time (and often-times, early).

In his free time, you’ll catch him eating out at one of his favorite local restaurants, traveling, attending a music festival, or spending time with his friends & family.

tyler.peters@preferredrate.com(507) 837-9775
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