The Loan Process

It’s no secret that getting a mortgage can feel intimidating, but don’t you worry!
Our experts are here to help you, every step of the way
Traditionally, you apply to a mortgage and agree to a credit check and verification of your finances. What follows is an entire series of hurdles and hoops to jump through—all requiring a lot of time, energy, and paperwork—just to try and meet the basic criteria for pre-approval, and that’s just the beginning… It’s no wonder the mortgage process has a reputation for being a total hassle.

Well, we think our clients deserve a better loan experience!

That’s why we built MegaStar’s Modern Mortgage around you. By pairing the latest in technology with our best-in-class loan officers, you are able to get approved at application. Not pre-qualified or pre-approved—approved with an actual Commitment to Lend.

Our Modern Mortgage System easily verifies your income, assets, and employment digitally. Your loan officer can wrap up your mortgage setup, disclosures, and processing with just the click of a button, and you’ll be ready to close as soon as 8 business days later. This saves you huge amounts of time and energy, and you can avoid going down the rabbit hole of hunting down all those pesky documents. Not to mention the major boost in buying power when you get approved at application.


Truth be told, the everyone’s mortgage experience looks a little different, because homebuying isn’t just about whatever you qualify for—it’s about finding the right path for your unique circumstance. However, even if the details shift around, there are still some key steps you can expect to encounter!

* Steps in green are completed by you! *

Start the process by getting in touch with one of our best-in-class loan officers

Complete your loan application in our office, by phone, or online
If you qualify for Modern Mortgage, we’ll verify the info and issue an approval
Submit all requested documents
Receive pre-approval, and begin the early underwriting process for purchases
Start shopping for your new home!
Find your dream home and make an offer
Once your offer is accepted, discuss locking in your interest rate
Review and sign your initial disclosures
An appraisal is ordered to confirm the home’s value
The file is submitted to underwriting
Submit any additional documents requested
Receive final approval
Review and sign the closing disclosures
Prepare funds for closing
Sign final loan documents
Closing Day! Congratulations!

“A good reason why you may want to offer below 5% is when you’re paying with cash (although companies who offer sellers cash for their home will typically offer 65% below market price).”

Publisher: HomeLight
Article: Is It Too Low? What Is Reasonable to Offer Below Asking Price

    1098 forms were mailed 1/26/2024. 

    If you have questions or need assistance with your 1098 form, please send your question to