The Four Steps of the Mortgage Loan Process:The Loan Mortgage Process: Four Steps

	Are you looking for a new mortgage loan? We can assist you! Call us at 269-657-5100. Ready to get started? Apply Here.

No doubt, a lot to do in order to get a mortgage. You wouldn't be here on our website if you could complete a simple loan app and receive the best loan funded 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 primary steps involved in getting a mortgage loan.

Step one: Decide on your maximum loan amount

A couple of factors determine this amount. What kind of monthly payment are you looking for? And given your unique credit and employment history, income and debt, and goals, how much will a lender loan you? 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 quewstions. 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 Gold Star Mortgage Financial Group Corp can begin to save you money. You will supply info on your employment, assets, and your residence history. You'll supply your employment, asset, and residence history information. We run your credit score and report. After we have reviewed all this info we provide a letter of pre-qualification. Handle it with care — it is a useful tool when you make your offer! With this letter, your REALTOR® will negotiate the best deal for your new home. While you're shopping for your new house with your REALTOR™, we find the best program for you.

Step three: apply for your loan

Once you have made an offer and the sellers have accepted, you should apply for the loan. It's very easy, and you can apply online, right here on our site. At the end of this step, we will order an appraisal of your new home.

Step four: funding

Your REALTOR® and the seller's will coordinate to decide on an escrow/title company to take care of the funding of your loan once it has been approved. We'll work with this company to ensure all the papers your lender will need are in order, and you will probably}likely sign all these papers at this company's officeWe work with with this company on your date of closing. Because you don't need to coordinate this process, you can think about moving, paint colors, new carpet, and the details involved in getting a new house.

You've answered some few questions, provided detailed information, applied , and the next thing you know, you are moving in! Gold Star Mortgage Financial Group Corp is a mortgage specialist; you're not — so we do the work. Doesn't that make sense?

Have questions about the loan process? Call Gold Star Mortgage Financial Group Corp at 269-657-5100. We answer questions about the loan process every day.