Buying a home is an epic event. Stressful - no doubt; but at the end you are rewarded with home ownership, and that's how you start building wealth for you and yours. It's worth it.

We're breaking down the mortgage process for you here in simple, easy to understand steps:

Pre-Approval

Contact your bank or lender to let them know you're looking for a new home and want to get pre-approved.

Timeline: 1-3 days

Browse Homes and Make an Offer

Explore homes online and in-person (the fun part) and submit an offer when ready.

Timeline: Anywhere from a few weeks to a few months - it’s competitive these days!

Finalize Loan Application

Wrap up your loan app and submit all relevant documents.

Timeline: 1 week

Process Loan

Your lender starts processing your loan and packaging up your file.

Timeline: 5-15 days

Underwriting

This is when your financials are evaluated for risk. In other words, they check your financials to make sure you’re going to make your payments (the stressful part).

Timeline: Anywhere from 10 days to 2 months

Pre-Closing

You're almost there - line up homeowners insurance, get your home inspection, and finish up in preparation to close.

Timeline: 1 week

Closing Time

The buyers and sellers meet with an attorney to finalize all the paperwork. Get ready to sign your name many, many times...then, poof! Best. Day. Ever.

Timeline: 3-5 days

Sign up to learn more and start your path towards homeownership at www.MyHomePathway.com. Download our Guide to the Mortgage Process here.