Process
Our Loan Process
Pre-Approval
Pre-approval is a review of your financial profile to determine how much you can borrow. It gives you confidence when shopping for a home and shows sellers that you’re a serious buyer.
What you’ll do:
- Submit basic financial information (income, assets, debts, credit info) online or in-person
- Provide documentation like pay stubs, tax returns, or bank statements
- Receive a pre-approval letter specifying your loan amount and terms
Why it matters:
- Being pre-approved makes your offer stronger and speeds up the homebuying process.
Loan Application
Once you find the home you want, you complete a formal mortgage application. This starts the underwriting process.
What you’ll do:
- Complete the application online or with a Keyvia Mortgage loan officer
- Provide any additional documents requested by the lender
- Select the loan program that fits your needs (FHA, Conventional, VA, USDA, Non-QM, Utah Housing, Construction)
Why it matters:
- A complete and accurate application keeps your loan on track and prevents delays.
Processing
The processing team verifies your information, orders an appraisal, and ensures all required documents are collected.
What you’ll do:
- Respond promptly to document requests
- Schedule home appraisal (if required)
- Work with Keyvia Mortgage to clarify any questions or issues
Why it matters:
- Thorough processing ensures a smooth underwriting experience and accurate loan evaluation.
Underwriting
Underwriting is the lender’s review of your application and documents to decide whether to approve your loan.
What you’ll do:
- Provide any additional information requested by the underwriter
- Respond to follow-up questions promptly
Why it matters:
- Clear communication during underwriting helps avoid delays and ensures your loan meets all requirements.
Conditional Approval
The underwriter issues a conditional approval with a list of conditions that must be met before final approval.
What you’ll do:
- Submit any remaining documents or clarifications
- Confirm appraisal results and insurance coverage
Why it matters:
- Meeting conditions quickly keeps your closing date on schedule.
Closing
Closing is when all documents are signed, funds are disbursed, and you officially become a homeowner.
What you’ll do:
- Review and sign final loan documents
- Pay any closing costs or down payment (if applicable)
- Receive keys and take possession of your new home
Why it matters:
- A smooth closing ensures you can move in without surprises and start enjoying your home.
Post-Closing Support
After closing, Keyvia Mortgage continues to support you with your mortgage questions, payment setup, and any refinancing options in the future.
What you’ll do:
- Set up automatic payments or online account management
- Contact Keyvia Mortgage for questions, updates, or future loan needs
Why it matters:
- Ongoing support ensures you stay informed and confident in your mortgage journey.