How the Mortgage Loan Process Works

Shopping for a mortgage loan? We'd be thrilled to talk about your mortgage needs! Call us at 800.465.1404. Ready to begin? Apply Now.

No doubt, a lot involved when you get a mortgage. You wouldn't be here on our website if you could fill out a simple loan app and get the best loan check cut in one day. But The ProTon Group, Inc. does the heavy lifting so you can concentrate on your life rather than the mortgage loan.

Getting a loan involves four major steps.

Step one: determine how much you can borrow

This is a function of a couple things. What kind of monthly payment are you looking for? 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: pre-qualify for your loan

This step is where The ProTon Group, Inc. can start to save you money. You will provide information about your current job, your assets, and your residence history. You'll supply information on your employment, asset, and residence history. We pull your credit score and report. After we've reviewed this information, we'll give you a pre-qualification letter. Handle it with care — it is a great tool when you make your offer! Your agent should use your pre-qual (as they may call it) in order to make the best offer on the home you choose. While you're picking out your new home, we are looking for the loan that best fits your needs.

Step three: apply now! We make it easy

Once you have made the offer and the sellers accept it, you should apply for the loan. Applying for your loan couldn't be much easier; you can apply any time right here on our site. At the end of this step, we will order the appraisal of your new home.

Step four: your loan is funded

The real estate agents will find an escrow/title company to handle the "funding" and closing of the sale. We'll work with this company to make sure the papers your lender will need are in order, and you will probably}likely sign all these papers at this company's officeWe coordinate with the title company to set your closing date. Since you will not have to worry with this coordination, you get to think about moving, if you're going to repaint, new carpet, and the fun parts of moving into your new house.

You've answered some few questions, provided lots of information, applied , and before you know it, you are deciding when to move in! We take care of the loan details so you can focus on finding your new home.

Have questions about the loan process? Call The ProTon Group, Inc. at 800.465.1404. It's our job to answer lending questions, so we're happy to help!

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The ProTon Group, Inc.

119 Jadestone
Irvine, California 92603