An Overview of the Mortgage Loan Process

	In the market for a mortgage? We'd be thrilled to talk about our many mortgage solutions! Give us a call today at (303) 524-9907. Want to get started? Apply Here.

There's no doubt ; getting a mortgage is a complicated process. You wouldn't be here on our website if you could fill out a simple loan app and get the best loan check cut the same day. But Front Range Mortgage LLC does the heavy lifting so you can concentrate on your life rather than the mortgage loan.

Getting a loan involves four major milestones.

Step one: Decide how much you can afford

A couple of factors determine this amount. How much of a monthly payment can you afford? 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 amount 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 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: pre-qualify for your loan

This is where the process really begins and Front Range Mortgage LLC can really save you money. You will give us details on your employment, your assets, and your residence history. You'll give us your employment, asset, and residence history information. We run your credit score and report. After we've reviewed the provided information, we'll give you a pre-qualification letter. With this letter, your real estate agent will negotiate the best deal for your new home. While you're shopping for a new house with your real estate agent, we find the best program for you.

Step three: apply for your loan

Once you have made the offer and the sellers accept it, you should apply for the loan. It's very easy, and you can do it online, right here on our site. At the end of this step, we will order an appraisal of your new home.

Step four: your loan is funded

The agents will find an escrow/title company to handle the "funding" and closing. We'll work with this company to make sure the papers your lender needs are in order, and you will probably}likely sign everything at this company's officeWe do all the work to coordinate with the title company to set your closing date. Because you won't need to worry with this coordination, you get to concentrate on moving, paint colors, carpet, and the fun parts of moving into a new house.

You've answered some few questions, given us detailed information, applied online, and before you know it, you're moving in! Front Range Mortgage LLC is a mortgage specialist; you're not — so we take care of the details. Doesn't that make sense?

Have questions about the loan process? Call Front Range Mortgage LLC at (303) 524-9907. It's our job to answer lending questions, so we're happy to help!