When you find the perfect property and your offer is accepted, your lender will help you complete a full mortgage loan application, discuss down payment options, and explain any related fees.

Then, your application is submitted for processing where the documents are reviewed. Your lender will also order a home appraisal and a property title search.

The next part of the application process involves sending everything to an underwriter who will review and approve the entire loan package to make sure it meets all compliance regulations.

It is not unusual to receive requests for additional documentation or clarification during this phase of the application process.