Mortgage Process

FROM PRE-APPROVAL TO CLEAR TO CLOSE

When you ask Lake Mortgage to assist you with your mortgage financing, you truly are steps away from your home. Whether you’re curious about the steps you need to get pre-approved for a mortgage or you are already pre-approved and have your sights on the house of your dreams, we’re here to help every step of the way.


1

Pre-Approval

Contact us by phone, email or in-person. We review income, assets and your current credit details. We help determine how much mortgage you qualify for, and what the estimated payment would be. Feel confident – we will provide you with a pre-approval letter you can depend on.

2

Housing Search

Search for the perfect house and make an offer with confidence because you have a pre-approval letter from Lake Mortgage. Local sellers will choose your offer over many others because local sellers know and trust Lake Mortgage!

3

Loan Processing

Provide us with a copy of your purchase agreement and requested financial documentation. We provide you a loan estimate and you tell us to help you get to final approval and clear to close. We order an appraisal and share with you the results.

4

Final Underwriting

Your file is given one last review. It won’t be long now.

5

Loan Approval

Your loan has been approved! We share the good news with you and your real estate agent.

6

Clear to Close

Our closing department tells you the first day you can close. You choose a closing date. We provide you with a closing disclosure so you know exactly how much to bring to closing. We help you prepare for closing day.

7

Closing Day

Arrive at the title company office. We will already be there waiting for you. Sign closing documents. You receive the keys to your new home. Congratulations!

Apply for a Mortgage in Indiana Now

You are just steps away from your home, and Lake Mortgage Company can walk you quickly through our fast and easy mortgage process. Are you ready to begin? Please give us a call today at (219) 756-5626 to schedule your consultation.

See What Our Clients Are Saying About Us

Nancy Turoci
Nancy Turoci
14:15 17 Feb 21
My experience with Lake Mortgage was pleasant. Carol Hasler was awesome to work with. She knows her stuff and if she didn't she'd find out for you. They keep you in the loop every step of the way of closing on your house and they send you all the documentation as well. I give Carol a 5 star and her team for doing an awesome job.
james walton
james walton
23:25 05 Nov 20
Came here 5yrs ago as a first time home buyer and here I am back again just closed on my refinance. The process was smooth & the service was excellent from beginning to end. My loan officer Mike Conley was terrific and so was Corina my mortgage loan closer..Any questions I had they answered. Happy to have done great business again with Lake Mortgage. I would give 10stars if I could
linda jansky
linda jansky
17:55 18 Mar 20
Excellent customer service! I highly recommend Lake Mortgage. Michael Conley and his staff were very professional and helpful. They were available to answer my questions and walk us through the process. You will get personal service and not feel like a number with them.
Mark Toth
Mark Toth
20:23 27 Sep 19
Lake mortgage made the process of purchasing my first home super exciting and stress free. Sean Conley was extremely helpful and very detail oriented. He was always immediately available when I had questions. I am very grateful to have dealt with lake mortgage for all of my home buying needs!!
Kim Gonzalez
Kim Gonzalez
16:07 19 Jun 19
Thank you for everything and walking me through this mortgage process. It is having the comfort and knowing I have a good lender. Lake Mortgage Co is a local lender located in Merrillville, IN. They educate you on home buying and lending and make sure you're receiving the type of mortgage, rate and amount you need. No overselling and always upfront and honest. Sean Conley, you and your team, Teena, Susan and Corina were very professional and very helpful through my home buying and lending process.Thank you for giving me a another good home purchase experience.