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The mortgage process in 4 steps

Buying a home has a lot of moving parts. Here is the whole path, in order, so you always know what comes next.

Step 1 | Preapproval

Before you shop, we figure out what you can comfortably afford and get you a letter that sellers take seriously.

  • Apply

    Complete the short online application or do it with Melanie over a video call.

  • Share documents

    Upload pay stubs, W-2s, bank statements and ID through the secure portal.

  • Get your letter

    We review everything and issue a preapproval letter, usually within a business day.

  • Shop with confidence

    Find the right home and go under contract knowing your financing is lined up.

Step 2 | Processing

Once you have a signed contract, our processing team gets the file ready for the underwriter.

  • Lock your rate

    We talk through rate options and lock in the one that fits your timeline.

  • Order the appraisal

    An independent appraiser confirms the home's value for the lender.

  • Title and insurance

    Title work starts and you choose a homeowners insurance policy.

  • Verify details

    We confirm employment, assets and any updated documents.

Step 3 | Underwriting

An underwriter reviews the full file and makes the final lending decision.

  • Full review

    The underwriter checks credit, income, assets and the property.

  • Conditions

    You may be asked for a few follow-up items. We will tell you exactly what and why.

  • Clear to close

    Every condition is satisfied and the loan is formally approved.

  • Closing scheduled

    We coordinate the date with your attorney or title company.

Step 4 | Closing

The finish line. You sign, the funds move, and the house is yours.

  • Closing disclosure

    You receive your final numbers at least three business days before closing.

  • Send funds

    Wire your cash to close only after confirming instructions with our office by phone.

  • Sign

    Meet with the closing attorney and sign the final loan documents.

  • Get your keys

    The loan funds, the deed records, and you are officially home.

What happens after you apply

Most of the work is on our side. Here is what you can expect from us, and what we will need from you along the way.

  1. A conversation, not a form

    Melanie walks through your goals, timeline and budget first. The application comes after we know what you are trying to accomplish.

  2. A loan plan in writing

    You get options side by side, in plain language, so you can compare payment, cash to close and long-term cost before you decide.

  3. Weekly video updates

    Every week you get a short update on what is done, what is in progress and what is next. You should never have to ask where things stand.

  4. Two sides of the table

    Kevin works with buyers as a Realtor and Melanie handles financing. When you work with both, your offer and your loan move in step.

  5. Support after closing

    Questions about your first payment, escrow, or what to do with the mail that shows up after closing? We are still here.

Homebuying essentials

Find the loan that fits your plans

Buying a home Refinancing First-time buyer programs VA and military loans

Quick links to get you started

Your mortgage journey starts here.

Get preapproved online in about 15 minutes, or book a free virtual consultation and we will do it together.

Get preapproved Schedule a conversation

Important Pages

Copyright ©2021 Canopy Mortgage Corporation. NMLS#1359687 (www.nmlsconsumeraccess.org).

360 S Technology Ct Suite 200 Lindon, UT 84042, 1-877-426-5500.

All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates and programs are subject to change without notice. All products are subject to credit and property approval. Other restrictions and limitations may apply.

Branch NMLS # 2567994

1414 Village Harbor Dr., Lake Wylie, SC 29710

Licensed In: NC. SC & VA

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