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Mortgage Trust
  • About Us
    • Our Team
      • Ian Murdock
      • Jordan Lee
      • Kristen Martha Brown
      • Lucas Schoen
      • Michael Leland
      • Team Woodard
      • Tonya Lance
  • Our Vision
  • Our Process
    • Loan Process
    • Loan Programs
    • What Not To Do
  • Join Us
  • Contact Us
  • Client Portal

Loan Process

We are here to help take stress out of the equation as you move through the home loan process. Check out our quick guide below to give you an idea of what you can expect.

Know your price level and monthly payment

Before you start looking for a new home, it is important to know how much home you can afford. Your income, assets, and credit history are the main factors in determining your budget and can be evaluated by your loan officer to help determine your ideal price range. By working with your loan officer before beginning the house hunt, you will not only save time, but your real estate broker will be able to help you find homes that are within your budget. Once you find a home, your loan officer will be able to further assist you by helping to determine the interest rate, costs involved in the purchase process, and potential monthly payments.

Submit your loan

Once you have found a home and your purchase offer is accepted by the sellers, it is time to submit your loan application to purchase the property. At this time, your Loan Officer and Loan Processor will gather all the necessary financial documents required from you, such as W2s, tax returns, and bank statements – and secure the interest rate and costs involved in buying the home.

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Home inspection and appraisal

The home inspection and appraisal will evaluate your chosen property, but in quite different ways. A home inspection is completed to protect you from purchasing a property with structural defects, electrical or plumbing issues, and other major problems. An appraisal is completed to protect from lending more than the home is worth. Shortly after your purchase offer is accepted and the loan is being submitted for financing, your real estate broker will order a home inspector to check out the home and report any findings before you are fully committed to purchasing the home. The time frame for the inspection to be completed should be clearly written into the sales contract. If there are no findings that warrant canceling your offer, an appraisal will be ordered and an appraiser will validate the market value of the home. It can take some time for the appraiser to complete the report. In the meantime, your loan team will continue to process your loan.

Attain loan approval

Once the appraisal is reviewed and all of your financial information is validated, you will receive loan approval. Barring any unforeseen circumstances or changes in your financial situation, this guarantees you the money to purchase the home on or before the scheduled closing date, as agreed upon in your purchase agreement.

Client Portal

Close the loan

On your closing day, you will meet at a title/escrow office to sign the final loan paperwork and take ownership of your new home. The escrow officer is a third party agent who explains the loan paperwork to you on behalf of the lender and notarizes needed documents. Your loan officer may attend the closing, as well, and will always be available to answer any questions you may have and help you throughout the process. The escrow company will return your final loan documents for recording and complete the disbursement of funds.

Move in!

After your loan has closed, you'll be given the keys to your new home – congratulations and welcome home!

If you have any questions about the home loan process or would like additional information on obtaining a mortgage loan, reach out today and we'll connect you with one of our licensed loan officers!


  • Company State Licenses
  • Privacy Policy
  • Program Disclosures

NMLS Consumer Access

In FL, MN, NC, SD, TX, and UT Mortgage Trust operates and is licensed as Mortgage T, Inc.

Mortgage broker only -- not a mortgage lender or mortgage correspondent lender

This website is for informational purposes only and is not a commitment to lend. Terms and conditions of programs, products, and services are subject to change or terminate without notice. All loans are subject to credit and property approval. Certain restrictions may apply on all programs. Annual Percentage Rate (APR) is calculated on a 365-day year with typical/normal closing costs. Rates and APR are subject to change with adjustments in closing costs. Properties and applicants must qualify. Please note that any rate(s) and fee(s) shown here are available to borrowers with an excellent credit history. The actual interest rate and fees available to you will be based on your credit history and may be different than the rates displayed here. Please consult one of our licensed loan originator for more information.

Mortgage Trust, Inc.    |    NMLS 3250

PO Box 19267    |    Portland, OR  97280

503.488.1800 or 888-990-2684    |    info@mortgage-trust.com

NMLS Consumer Access

In FL, MN, NC, SD, TX, and UT Mortgage Trust operates and is licensed as Mortgage T, Inc.

Mortgage broker only -- not a mortgage lender or mortgage correspondent lender

This website is for informational purposes only and is not a commitment to lend. Terms and conditions of programs, products, and services are subject to change or terminate without notice. All loans are subject to credit and property approval. Certain restrictions may apply on all programs. Annual Percentage Rate (APR) is calculated on a 365-day year with typical/normal closing costs. Rates and APR are subject to change with adjustments in closing costs. Properties and applicants must qualify. Please note that any rate(s) and fee(s) shown here are available to borrowers with an excellent credit history. The actual interest rate and fees available to you will be based on your credit history and may be different than the rates displayed here. Please consult one of our licensed loan originator for more information.