Why Shop Here: Guidance on the Road to Closing

When you select a lender, you will receive the professor‘s The Mortgage Loan Process: From Lender Contact to Loan Approval, The document will guide you through the following steps:

  1. Initial contact
  2. Locking the price
  3. Processing the loan
  4. Appraising the property
  5. Underwriting the loan

When your loan has been approved and you have been "cleared to close", you will receive The Mortgage Loan Process: From Pre-Closing to Closing. This document will indicate what you should do well before the closing in preparation, what you should check the day before the closing, and what you should expect at the closing.

 

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