Loan Process
A step-by-step guide to getting your mortgage.
Pre-Qualification
The first step is to get pre-qualified. We will review your income, assets, and credit to determine how much you can borrow and what loan programs you qualify for.
Loan Application
Once pre-qualified, you complete a full mortgage application. We collect documentation including pay stubs, W-2s, bank statements, and tax returns.
Loan Processing
Your loan processor reviews all documents, orders an appraisal of the property, and verifies your employment and assets. Any outstanding conditions are resolved here.
Underwriting
An underwriter reviews your complete file and the appraisal to make a final credit decision. They may issue a conditional approval requiring additional documentation.
Loan Approval
Once all conditions are satisfied, your loan receives final approval. We issue a clear-to-close and schedule your closing date.
Closing
At closing you sign the final loan documents, pay any remaining closing costs, and receive the keys to your new home. Congratulations — you're a homeowner!
Ready to get started?
Contact Capital Mortgage Group, Inc. today and let us walk you through the process personally.