The initial step in the mortgage process is to consult with a mortgage broker or loan officer. They will guide you through the initial application and explain the required documentation to determine your qualification.

Now that you understand your affordability, it's time to begin searching for houses! Your real estate agent will assist you in finding properties and arranging viewings.

Once you've found the perfect home, your agent will help in drafting the contract and submitting an offer to the seller. Negotiations will commence at this stage.

After securing a contract, your realtor will forward it to your mortgage broker. They will set up the loan and submit it to the lender that best suits your specific needs.

With an accepted offer in hand, the lender will proceed with finalizing the loan. This involves appraisal, inspection, and underwriting review for your final approval. Be prepared to provide updated documentation if necessary, especially after an extended search.

Once the appraisal is complete and the underwriter approves your documentation, your loan will be "Cleared to Close." The final step is signing closing paperwork with the escrow agent and paying the down payment. After closing, you are ready to move into your new home.