Home Purchase Process

The mortgage loan process does not have to be a difficult one. Once you have made the decision to apply for a mortgage loan with Nationwide Equities, your loan officer will work with you step-by-step through the process to ensure a smooth experience. To gain a better understanding of what you can expect, below is the loan process:

Pre-approval

A pre-approval lets borrowers know what they are financially capable of affording and can help prevent any issues moving forward.

APPLICATION

The application is the true start of the loan process—With the aid of a mortgage professional, the borrower completes the application and provides all required documentation.

PROCESSING

Your processor will order a credit report, appraisal and title report. The information on the application, such as bank deposits and payment histories, are then verified.

UNDERWRITING

Once our processing department has all of your documents, your completed file will be submitted to underwriting for approval.

CLEAR TO CLOSE

Once the final approval is issued by the underwriter, any final conditions are gathered and satisfied. When the loan is clear to close, all closing documents are sent to the title company and the closing is scheduled. 

CLOSING

Once the final settlement statement is prepared. You will be sent a copy to review in advance. Your file goes to closing and is ready to fund!

Find a Loan Officer

We will connect you with a licensed loan officer in your area. 

Receive a Quote

Fill out some basic information and receive a free mortgage quote.

Read FAQ's

We’ve addressed the most common questions about mortgages.