How the Mortgage Loan Process Works

	Looking for mortgage advice? We will be glad to assist you! Call us at (770) 220-2800. Ready to get started? Apply Now.

No doubt, quite a lot involved when you get a mortgage loan. You wouldn't be visiting our site if you could fill out a simple loan app and get a great loan check cut the same day. We do the heavy lifting for you, so you can concentrate on what's important — preparing to move into your new home or saving money.

There are four main steps involved in getting a mortgage loan.

Step one: Decide on your maximum loan amount

This is a function of a couple things. How much of a monthly payment can you afford? What is the maximum you can borrow from a lender, given your income and credit history? Use the calculators on our website to determine your monthly payment amount. And we can guide you to the right loan amount and best program for you when you answer a few questions. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from.

Step two: complete a pre-qualification

This is where Home Pointe Mortgage Company can begin saving you money. You will give us info on your current job, your assets, and your residence history. You'll supply your employment, asset, and residence history information. We will pull get your credit report and score (only after you give your permission, of course). After we have reviewed this info we will provide a pre-qualification letter. With this letter, your real estate agent will negotiate the best deal for your new home. The pre-qual letter gives you buying clout! While you're deciding on the home that's right for you, we're busy researching the loan program that's just right for your situation.

Step three: apply now! We make it easy

Once you have made an offer and the sellers have accepted, you should apply for the loan. Applying for your loan couldn't be much easier; you can apply right here on our site. After the seller has accepted your offer and you have applied for your loan, we will order the professional appraisal on the home.

Step four: funding

The agents will find an escrow/title company to handle the "funding" and closing. We'll coordinate with this company to make sure all the papers your lender needs are in order, and you will probably}likely sign everything at this company's officeWe do all the work to work with with this company on your closing date. Because you don't have to coordinate this process, you can think about moving, if you're going to repaint, carpet, and the fun parts of getting a new home.

You've answered some few questions, provided lots of information, applied online, and the next thing you know, you are moving in! We take care of the legwork so you can spend your time finding the new home that's right for you.

Have questions about the loan process? Call Home Pointe Mortgage Company at (770) 220-2800. It's our job to answer lending questions, so we're happy to help!