Getting a mortgage doesn’t haven’t be complicated or overwhelming so long as you know what to expect going in. Here’s an overview of the entire process start to finish:
1. Mortgage pre-approval: Just a bit of paperwork to show sellers you’re a serious buyer.
2. Shop and make an offer: Work with an agent to make offer sellers can’t refuse!
3. Loan application: Beef up what you started in the pre-approval process to get your loan ready for underwriting.
4. Loan processing: Sit back while loan processors review all info in your loan file and gather documents about the house for the underwriter.
5. Underwriting: Underwriters are the key decision-makers in the whole process—the buck literally stops here. With everything reviewed, he or she will approve, reject, or come back and ask for additional documentation.
6. Closing: Once you’ve made it to closing, you’re in the home stretch. Documents are approved, and after a few signatures, the house is officially yours!
If you’d like to connect with a lender, send me a message and I’ll send you a list of some great ones!
