Determine Your Budget
Assess your financial situation and calculate how much you can afford for a mortgage payment
research loan options
Explore different types of home loans, such as fixed-rate mortgages, adjustable-ratemortgages, FHA loans, VA loans.
Pre-approval Process
Gather necessary documents like income statements, tax returns, bank statements,etc. and determine the loan mount you qualify for.
Find a Home
Use a trusted real estate agent to help you find a suitable property within your budget.
Make an Offer
Work with your agent to draft a competitive offer for the property.
Loan Application
Complete the official loan application with your chosen mortgage lender.
Loan Processing
The lender verifies the information, orders an appraisal of the property while underwriters review the application.
Loan Approval and Closing
Lender issues a loan commitment letter outlining the terms and conditions. Schedule a closing date, sign the loan documents.
Loan Funds
The lender funds the loan and transfers the funds to the seller’s account, and you are now owner
Loan Repayment
Make regular mortgage payments as per the agreed-upon terms and keep track of your mortgage account.
Every borrower’s situation is unique, and rates can change daily. Contact one of our experienced Ensure Lending Loan Officers to get accurate, lockable rate information based on your goals.