The House Loan Process in Ten Easy Steps

This Element is an excerpt from Homebuyers Beware: Who’s Ripping You Off Now?--What You Must Know About the New Rules of Mortgage and Credit (ISBN: 9780137020164) by Carolyn Warren. Available in print and digital formats.

The simplest, clearest, quickest, step-by-step guide to today’s home loan processes!

I’ve seen loan process flowcharts so elaborate, I wonder if the author’s purpose was to try to impress me with the complexity and enormity of their job. By contrast, here is a simple checklist that leads you through the steps, from start to finish. Step #1: Get a Good Faith Estimate and choose your loan officer....