Step 1
Happy House Hunting
With a Midland pre-qualification, you’ll know the price range you can afford. Midland makes it easy to get pre-qualified.
Happy House Hunting
With a Midland pre-qualification, you’ll know the price range you can afford. Midland makes it easy to get pre-qualified.
Sign Purchase Contract
You found the perfect home and it’s time to make an offer. If the purchase price is accepted by the seller, a purchase contract is signed and earnest money is held in an escrow account to show your commitment.
Order Inspections and Home Appraisal
Inspections review the mechanical and structural aspects of the home and potential repairs needed. Repairs can be negotiated into the purchase contract as an addendum.
Home appraisals determine the value of the home.
Mortgage Approval
A Midland underwriter will review the following to determine mortgage approval. Additional documentation may be required:
Loan Closing
At least three days before closing, you’ll receive disclosures containing all loan details. This allows time for you to review and ask questions. On closing day, you and the seller will sign documents at a title company or Midland Banking Center. After monies are collected and dispersed, you’ll receive the keys to your new home!