How the Mortgage Loan Process Works

	Looking for a loan? We'd be thrilled to discuss our mortgage offerings! Give us a call at 561-447-9580. Ready to begin? Apply Online Now.

There is little question that getting a mortgage is a complex process. You wouldn't be researching mortgage loans if it were possible to get a loan in a single day with a simple application. But Mortgage Makers USA, Inc. does the heavy lifting so you can concentrate on your life rather than the mortgage loan.

Getting a loan involves four major steps.

Step one: Decide how much you can afford

This is a function of a couple things. 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? You can get a good idea of your preferred payment abount using the calculators on our website. We'll also help you through different scenarios by asking a few simple questions. Because lender guidelines are fairly standard, we can give you a good idea of how much you can borrow after a short conversation.

Step two: complete a pre-qualification

This step is where Mortgage Makers USA, Inc. will begin saving you money. You will give us information about your employment, assets, and your residence history. You'll supply your employment, asset, and residence history information. We pull your credit score and report. When we review all this information we will provide a pre-qualification letter. Your real estate agent will likely use your pre-qual (as they may call it) in order to make the best offer on the home you choose. While you're looking for your new home with your agent, we find the best program for you.

Step three: apply now! We make it easy

Once you have made an offer and it's been accepted, it's time to complete the loan application. Applying for your loan couldn't get much easier; you can apply any time right here on our site. After the seller has accepted your offer and you have applied for your loan, we'll order the professional appraisal on the home.

Step four: funding

Your real estate agent and the seller's will coordinate to decide on an escrow/title company to handle the funding of your loan once it has been approved. We'll coordinate with this company to ensure all the papers your lender needs are in order, and you'll probably}likely sign all these papers at this company's officeWe coordinate with this company to set your closing date. Since you don't have to coordinate this process, you get to think about moving, paint colors, new carpet, and all the details of moving into a new house.

You've answered a few questions, provided lots of information, applied online, and Before you know it, you'll be moving! Mortgage Makers USA, Inc. is in the business of loans; you're not — so we take care of the details. Doesn't that make sense?

Have questions about the loan process? Call Mortgage Makers USA, Inc. at 561-447-9580. Mortgage Makers USA, Inc. answers loan process questions every day.