Your guide to the mortgage process

Your U.S. Bank mortgage loan officer learns about your situation, gathers some financial information and creates a prequalification letter that lists how much we may be willing to lend when you complete an application.

You go on the road with your letter, searching for the perfect home. Once you’ve found it, you make an offer. Then, if it’s accepted, you move to the next step.

You’ll complete your U.S. Bank loan application. Your mortgage loan officer will request some documents from you, like income documentation (such as pay stubs), bank statements and other documents needed for your situation.

When your application is complete, it moves to processing. Our in-house mortgage customer specialists gather and double check all the information you’ve provided.

Your file moves to underwriting, where your information is analyzed to determine if your application is approved or if additional documentation is needed. The final loan amount is determined during this step.

Your loan is approved, and you set up a time to close on the loan. On the scheduled date, you review the final documents and sign where required. For most loans, you’ll have the option to close remotely by viewing and signing most documents online.

Contact me.