Home Loan Process


Stages of the Loan Process

Stage 1 - Borrower Receives Offer
Stage 2 - Borrower Requests Lock
Stage 3 - Borrower Takes App
Stage 4 - Lender Locks Loan
Stage 5 - Lender Sends App
Stage 6 - Lender Orders Appraisal
Stage 7 - Borrower Returns App
Stage 8 - Lender Reviews Paperwork
Stage 9 - Lender Submits Loan
Stage 10 - Lender Meets Conditions
After all conditions have been met and the loan is “Clear to Close"
Stage 11 - Lender Sets Closing
Stage 12 - Borrower Closes.



Disclaimer:  These stages above are typical.  However your stages may vary depending on various circumstances such as loan types, property types, credit situations, appraisal issues, etc. Source Sweetwatermortgage.com.

Contact Us

Email Email Scott Realty Team
      JBGoodwin, REALTORS®
  Call Call [512-464-1211]

National Average Mortgage Rates

Search properties on your iPhone or iPad!

Download the app and enter this code: 8650

Quick Search