The mortgage process, step by step

Reviewed by Clint Aguon, CEO & Loan Officer · NMLS #1893008 · Updated September 2026

1. Talk through your goals.Tell us what you're trying to do, your timeline and your budget. We'll ask about income, savings and credit so we can point you to the programs that fit. (Try the affordability calculator first if you like.)
2. Compare your options.We shop your scenario across dozens of wholesale lenders and walk you through the trade-offs — rate, costs, mortgage insurance and cash to close — side by side.
3. Apply and get pre-approved.Complete a secure online application and upload your documents. We review everything up front so there are fewer surprises later, then issue your pre-approval.
4. Lock in your terms.Once you're under contract (or ready to refinance), we lock your rate when the timing is right, order the appraisal and confirm your homeowners insurance. You'll receive a Loan Estimate showing your rate, payment and costs.
5. Underwriting.We package your file and submit it to the lender's underwriter, who verifies the details and may ask for a few more documents. We handle the back-and-forth and keep you updated.
6. Clear to close.Once the loan is approved, you'll receive your Closing Disclosure at least three business days before closing. You sign the final documents, the loan funds, and the home is yours.

How long does it take?

Faster than most people expect. LoanZilla routinely closes purchases in as little as 10 to 14 days. When buyers, agents, title and the appraiser all respond quickly, most of our loans reach clear to close within about two weeks — well ahead of the 30 days or more many lenders plan for. That speed can make your offer more competitive and your move less stressful.

Every loan is different: complex income, condo reviews or appraisal delays can add time. Getting your documents in early is the biggest thing you can do to keep things moving, and if you tell us your closing date up front, we’ll build the plan around it.

See the document checklist