The Purchase Mortgage Process
The purchase mortgage process can seem daunting, but breaking it down into manageable steps
can help demystify it and make your journey towards home ownership exciting and successful.
Here’s a concise guide to understanding the key phases of obtaining a purchase mortgage.
Pre-Approval: Start with getting pre-approved for a mortgage. This step involves submitting
financial documents to potential lenders who then verify your income, debt levels, and credit
history. Pre-approval not only gives you an idea of what you can afford but also strengthens your
position as a serious buyer in the eyes of sellers.
