There can be little question, getting a mortgage is a complicated process. You wouldn’t be visiting our site if it were possible to complete a one-page application and get a great loan check cut in one day. Todd Swanson does the heavy lifting so you can concentrate on your life rather than the mortgage loan.

There are four main steps involved in getting a loan.

Step one: determine how much you can borrow

This is a function of a couple things. How much of a monthly payment can you afford? What is the maximum you can borrow from a lender, given your income and credit history? You can get a good idea of your preferred payment amount using the calculators on our website. We’ll also help you through different scenarios by asking a few simple questions. Because lender guidelines are fairly standard, we can give you a good idea of how much you can borrow after a short conversation.

Step two: complete a pre-qualification

This is where the process really begins and you save the most money. You will provide details on your employment, assets, and residence history. You’ll give us information on your employment, asset, and residence history. We run your credit score and report. After we’ve reviewed the provided information, we’ll provide you with a pre-qualification letter. Be careful with this letter — it can be a great tool when you make your offer! Your real estate agent will use your pre-qual (as they may call it) to make the best offer on the home you choose. The pre-qual letter gives you buying clout! While you’re deciding on the home that’s right for you, we are finding the loan that best fits your needs.

Step three: apply now! We make it easy

After you’ve signed the offer and the sellers have accepted, it’s time to apply for the loan. Applying for your loan couldn’t get much easier; you can apply right here on our site. At the end of this step, we will order the appraisal of your new home.

Step four: funding

Your REALTOR® and the seller’s will coordinate to designate an escrow/title company to take care of the funding of your loan once it’s approved. We’ll work with this company to make sure the papers your lender needs are in order, and you’ll probably}likely sign all these papers at their officeWe work with with the title company to set your date to close. Because you will not need to worry with this coordination, you can think about moving logistics, paint colors, new carpet, and the fun parts of moving into your new home.

You’ve answered some few questions, given us detailed information, applied , and the next thing you know, you are moving in! Todd Swanson, Mortgage Consultant is in the business of loans; you’re not — so we take care of the details. Doesn’t that make sense?