The Mortgage Loan Process
Understanding each step from pre-qualification to closing helps you feel confident and prepared. Here's what to expect when you work with us.
Your Journey to Homeownership
Understanding the mortgage process Utah borrowers follow helps you stay prepared. The typical timeline from application to closing is 30–45 days — that's how long to close on a house in Utah under normal conditions. Each step is designed to protect you and ensure the best possible outcome.
Before you start, gather your required paperwork to speed things up. If you're a first-time buyer, we'll walk you through every step. Ready to explore your options? Check our purchase loan programs or use our mortgage calculator.
Pre-Qualification
The lender gathers information about your income, debts, and assets to determine how much house you can afford. This is a great first step to take before you even start shopping for a home. Pre-qualification gives you a clear picture of your budget and shows sellers you're a serious buyer.
Application
After finding a property (or deciding to refinance), you complete a full mortgage application along with all supporting documentation. Your loan officer will review everything and deliver a Loan Estimate and Truth-in-Lending Disclosure within three business days. This is when the formal process officially begins.
Processing
The loan processor reviews your credit reports, verifies employment, debts, and payment histories. They also review the property appraisal and survey. The processor compiles the entire application package and ensures everything is in order before submitting it to underwriting.
Underwriting
The underwriter evaluates whether the complete loan package meets all program guidelines and criteria. If additional information is needed, the loan is placed into "suspense" until those items are resolved. Once approved, a conditional commitment is issued and title insurance is ordered.
Closing
After all conditions are cleared, full loan approval is issued and the lender funds the loan. At closing, you sign the final paperwork, pay any remaining closing costs, and receive the keys. Congratulations — you officially own the home!
What to Expect
Every loan is different, but here are typical timeline estimates for each stage of the process.
Start Your Pre-Qualification
The first step is the easiest. Get pre-qualified today and find out how much home you can afford — no obligation.
Get Pre-QualifiedQuestions? Call us directly
(801) 820-7620