What Is the Mortgage Process?

[bradangelinab]

the mortgage process can seem overwhelming. After all, this is probably the single largest purchase you've ever made. However, if you think of the mortgage process as the total of several smaller steps, moving into your dream house will be much less stressful.

[david1]

Pre-approval is generally considered the first step in the mortgage process. You can be pre-approved for a mortgage in 10-20 minutes just by answering a few simple questions online or over the phone. This will help you get an idea of which houses are in your price range and give the real estate agent proof that you are serious about buying a home.