Our Loan Process

Steps of the Mortgage Loan Process at New England Home Mortgage

  • Complete pre-qualification process. You can complete that here.
  • Once under contract to purchase a new home, sign Loan Application and Disclosures and provide supporting documentation to your NEHM loan officer (see list here).
  • NEHM Loan Processor will review your file for completeness and submit to the lender for review.
  • Receive and acknowledge Loan Estimate and Initial Disclosures from your Lender, which you will need to eSign.
  • NEHM Loan Processor will contact you to order the appraisal for the property you are buying.
  • Title work is ordered from your Closing Attorney by your NEHM Loan Processor.
  • Lender will review your file and issue a conditional Mortgage Approval with a list of items needed prior to closing. You NEHM Loan Processor will work with you to get these conditions cleared.
  • Once all conditions are satisfied, you will receive the Clear to Close and your file will move to the Closing Department.
  • Closing is scheduled with the Lender and Closing Attorney.
  • Closing Disclosure (CD) is issued to you at least three days prior to closing and needs to be eSigned. This will indicate the final amount due at closing. After a minimum of three days have passed from eSigning the CD, your closing can occur!

Items needed for the Mortgage Application

Also required when applicable,

(860) 736-2747
37 W. Center Street, Suite 208, Factory Square, Southington, CT. 06489