1. LOAN APPLICATION
    Now the mortgage process begins. Visit www.dhimortgage.com to apply online. Your DHI Mortgage Loan Originator will help you find the best loan product for your financial situation and explain the details. Then you will supply documentation to your lender relating to your income, debts, and assets. With our new digital application, you can apply faster and easier. And, most importantly, you can rest assured that your information is safe and secure. Within the application, you’ll be provided the option of securely logging into your accounts and asset information so you can digitally provide your asset statements on the accounts you select to share with us. Your login information is not shared with us. You aren’t required to connect your assets, but it will ease the regular documentation requirements for assets statements.
  2. PROCESSING
    This is the discovery and verification stage, where the majority of the application time is spent. A loan processor will be assigned to your loan and will work with your Mortgage Loan Originator to verify the documentation that you submitted with your application, as well as your credit and employment history. The loan processor works closely with your Mortgage Loan Originator to prepare your file for underwriting. The underwriter may require additional documentation during this time. The more promptly you reply, the more quickly your application can proceed. If you qualify, you’ll receive conditional approval from an underwriter, with requests for additional documents needed for final approval.
  3. RESUBMISSION AND FINAL APPROVAL
    Before final approval, most loans are resubmitted to underwriting. Resubmission should be expected as a normal part of the process. When all conditions are met, the underwriter will issue a final approval. You are now ready to close on your new home!
  4. CLOSING
    You will meet with your title agent/attorney to sign loan documents. Your Mortgage Loan Originator or Loan Processor will provide you with the amount needed for closing costs so that you can wire funds or get a cashier’s check made out to the title company or attorney’s office. Once the loan is funded, you will receive the keys to your new home.
CONGRATULATIONS!
You are now a homeowner. Purchasing a home is one of the biggest financial decisions that you will make. DHI Mortgage will be there to help guide you through the process and help you find the best loan program to fit your financial needs. Contact us today to get started or if you have any questions during the mortgage process. We’re here to help!


 
Blend Labs, Inc. is a third party that administers the mortgage application process for DHI Mortgage.  Your interaction with the online mortgage application, including but not limited to the asset portion of data will be governed by Blend’s Privacy Policy and Terms of Use, which is available via a weblink at the time of application and prior to submitting data.  DHI Mortgage is not responsible for the use or disclosure of any information that you share with, or permit, a third party, such as Blend to access. After you share your user name and password with a third party or provide other permissions to them to access your Personal Information, DHIM will consider all transactions initiated by such third parties to be valid and duly authorized by you. Please review Blends privacy policies as well as the DHIM Privacy policy which is available at www.dhimortgage.com.