Mortgage Process Checklist and Record

 

 

This sheet outlines a typical mortgage process and can be printed to provide a checklist to follow the progress of the mortgage and to provide space to record mortgage information.

 

o      Select a mortgage company.

Company Name:   Phone Number:  
Loan Agent Name:   Phone Number:  
Loan Processor Name:   Phone Number:  

o      Prepare  documentation for a loan application.

o      Determine Loan Details and Complete the Loan Application:

Loan Type:  
Loan Term - Years:  
Loan Amount:  
Interest Rate:  
Rate Lock Date:  
Lock Expiration Date:  
Discount Points:  
Monthly P&I Payment:  

o      Received 'Good Faith Estimate' of loan closing costs from mortgage company.

Upfront payments: $    
Estimated costs at closing: $    

o      Loan Application Signing.

Date loan documents were signed:  

o      Property Appraisal by Mortgage Company.

Appraisal Date:  
Appraised Value:  

o      Final approval from underwriters and mortgage company.

Final Approval Date:      

o    Closing scheduled.

Closing Date:      
Closing Company Name:   Phone Number:  
Closing  Agent Name:   Phone Number:  
Address:      
Amount due at closing:      

 

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