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The Mortgage Process: Step by Step
Step 1: Get Pre-Approved
We’ll review your income, assets, credit, and goals to determine the loan programs and budget that best fit your needs.
Step 2: Start Your Home Search
Once pre-approved, you can confidently begin shopping for homes within your budget alongside your real estate agent.
Step 3: Submit an Offer
After finding the right home, your offer is submitted along with your pre-approval letter to help strengthen your position with sellers.
Step 4: Complete Your Loan Application
Once your offer is accepted, your full mortgage application and supporting documentation will be finalized for processing and underwriting.
Step 5: Loan Processing Begins
Your lender will verify income, employment, assets, and other required documentation while coordinating the appraisal, title work, and additional loan requirements.
Step 6: Home Inspection & Appraisal
During the contract period, inspections and the appraisal are completed to help ensure the property meets expectations and lending guidelines.
Step 7: Underwriting Review
Your loan file is reviewed by underwriting to confirm that all financing requirements have been satisfied. Additional documents or explanations may occasionally be requested during this stage.
Step 8: Clear to Close
Once all conditions have been met, your loan receives final approval, and closing documents are prepared.
Step 9: Review Final Closing Figures
Before closing day, you’ll review your Closing Disclosure, final loan terms, and the amount needed for closing.
Step 10: Closing Day
You’ll sign the final mortgage and purchase documents at the title company, receive your keys, and officially become a homeowner!
Financing With Confidence
At Home Sweet Sold MI, the goal isn’t just getting you approved—it’s helping you feel educated, supported, and confident throughout the entire mortgage process.
From pre-approval to closing day, I’m here to help simplify the experience and guide you every step of the way.
NMLS # 940186 Company NMLS # 2611
Email: mindi.rahn@rate.com