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Seven Steps to Homeownership

1. Are You Ready? 2. Get Preapproved 3. Find a Home 4. Home Inspection
5. Apply for a Loan 6. Loan Processing 7. Loan Closing Welcome Home!

6.   Loan Processing


The lender will obtain and assemble the necessary documentation, which normally takes 2-4 weeks. Keep in touch with your lender and respond to any requests for information in a timely manner.

Once assembled, the file will be sent to WHEDA® where a loan decision will be determined within 48 hours.

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