Timothy Moore for SoFi

The mortgage loan process explained in 9 steps

Before most house hunters can close the deal, they need to qualify for a mortgage. Learning how to apply for a mortgage in advance — and breaking the process down into digestible steps — can help applicants feel better prepared and avoid any unpleasant surprises during the process. (Good news: The mortgage application process is one of those things that is more complicated to explain than to experience.)

Ready to learn how to apply for a home loan? SoFi shares nine steps in the mortgage process, including moves you can make that may expedite your approval.

Key Points

Estimating your budget is the first step in the mortgage loan process, considering factors like income, debts, and down payment savings.

The right m

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