Shop For Your New Home
With Confidence
Whether you are looking for your first home, your forever home, an investment property or a second home, we have all the options for you. Our client-first mentality puts the power in your hands.
Step-by-Step Guide to Buying a Home
Before diving into the housing market, ensure you're fully prepared. At Lock It Lending, we believe an informed buyer is a confident buyer. Our easy-to-follow guide walks you through the 9 essential steps of purchasing your dream home - from pre-approval to closing day.
Step 1: Pre-Approval
Begin by scheduling a call with one of our expert Loan Officers. They'll help identify the Loan Programs that best suits your needs. At this stage, we perform a soft credit pull, ensuring your credit score remains unaffected. We meticulously prepare your application and have it reviewed by our in-house underwriter. Curious about potential loan rates and fees? Get a personalized rate estimate here and use our calculators to break down the monthly cost of your new home.
Step 2: Home Search
Work with your real estate agent to begin searching for your dream home. If you don't already have an agent, let us know — we'll connect you with someone who best fits your needs. Interested in locking your rate before finding a house? It's possible! Discuss the conditions with your Loan Officer to understand the specifics.
Step 3: Making an Offer
Once you've found the perfect home, your real estate agent will help you prepare and submit a competitive offer.
Step 4: Offer Accepted
Congratulations! With an accepted offer, we proceed to submit your loan application to the lender.
Step 5: Loan Submission & Initial Disclosures
We’ll select the most suitable lender based on your unique situation and submit your file. You’ll receive disclosures for e-signature and may be asked for additional documentation.
Step 6: Conditional Approval
The lender reviews your file and issues a conditional approval, indicating that your loan is close to finalization, pending a few additional conditions.
Step 7: Rate Lock
We’ll monitor interest rates for you and send daily updates so you can stay informed. Once you spot the option that works best for you, we’ll guide you through locking in the most competitive rate for your loan. Locking the rate is essential to finalize your loan terms before closing.
Step 8: Final Approval & Clear to Close
Once all conditions are met, you'll receive final approval and the "Clear to Close"— the green light to schedule your closing.
Step 9: Closing Day
It's time to sign the final documents and officially become a homeowner. Congratulations!
Let Lock It Lending Be Your Guide
Buying a home is a major milestone, and we're here for every step. Whether it's your first purchase or you're moving up, our expert loan advisors make the mortgage process simple and stress-free.
Ready to Get Started?