How the Mortgage Loan Process Works

No doubt, quite a lot to do in oder to get a mortgage loan. You wouldn't be looking up loan information if you could get a loan in one day with a simple application. We do most of the heavy lifting for you, so you can concentrate on what's important — preparing to move into your new home or saving money.

Getting a mortgage loan involves four major steps.

Step one: Decide on your maximum loan amount

A couple of factors determine this amount. What kind of monthly payment are you looking for? And given your unique credit and employment history, income and debt, and goals, how much will a lender loan you? You can get a good idea of your preferred payment abount using the calculators on our website. And we can guide you to the right loan amount and best program for you when you answer a few quewstions. Based on standard lender guidelines, we'll get you a good idea of what kind of terms and loan program you can expect to benefit most from.

Step two: pre-qualify for your loan

This step is where Integris Loans can start saving you money. You will give us information about your current job, your assets, and residence history. You'll provide information on your employment, asset, and residence history. We pull your credit score and report. We will review all this information then will provide a pre-qualification letter. Your REALTOR® will likely use the pre-qual (as they may call it) in order to make the best offer on the home you choose. The pre-qual letter gives you buying clout! While you're looking for a new home with your real estate agent, we find the best program for you.

Step three: apply now! We make it easy

Once you have made the offer and the sellers have accepted, you should complete the loan application. It's very easy, and you can do it online, right here on our site. After the seller has accepted your offer and you have applied for your loan, we will order the professional appraisal on the home.

Step four: your loan is funded

Your REALTOR® and the seller's will coordinate to designate an escrow/title company to handle the funding of your loan. We'll coordinate with this company to ensure the papers your lender will require are in order, and you will probably}likely sign everything at this company's officeWe do all the work to work with with this company to set your closing date. Since you won't need to worry with this coordination, you can concentrate on moving, if you're going to repaint, carpet, and the details involved in getting a new house.

You've answered a few questions, provided detailed information, applied online, and the next thing you know, you're deciding when to move in! Integris Loans is a mortgage specialist; you're not — so take care of the details. Doesn't that make sense?

Have questions about the loan process? Call Integris Loans at 8014134570. Integris Loans answers loan process questions every day.

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Integris Loans

9980 S 300 W Ste 200
Sandy, UT 84070