Affiliated Mortgage
Mortgage Process
Whether you’re ready to buy a home, or learn more about the loan application and approval process– this guide was made for you.
GET STARTED NOW
Pre-Approval Process
This is the first step to obtaining a loan on your next home. You will reach out to lender’s who can review your financial status in order to provide you a preliminary approval on a home mortgage.
Learn about Different Loans
House Hunting & Placing an Offer
Once you find the perfect home, you’ll place an offer and negotiate the terms of the sale with the sellers. When there is a fully signed purchase agreement in place, your lender will be notified to begin processing the loan.
Loan Underwriting & Processing
Your lending team will gather a bit more information once you have accepted an offer on a home. Once they have all of the necessary information, they will begin the loan underwriting process. The loan underwriting process is a review to approve the loan for closing.
Clear to Close
Once your loan application has completed the underwriting process you’ll recieve a final issue of approval (also known as the clear to close). This is your go ahead to schedule closing day and sign for you new home. Congratulations!