Submit your loan application through our secure portal. You'll also need to provide proof of income and authorize a soft pull of your credit report. The credit report fee is paid separately via a link you'll receive by email — it is not part of the application itself.
If your credit score, credit history, income, and other factors meet the minimum requirements, you'll receive a pre-qualification letter along with a loan estimate.
Once you've chosen a home, we'll send you a set of documents to review and sign. These disclosures authorize us — your mortgage broker — to formally submit your file to a lender.
Once you and the seller have agreed on price and terms, sign the purchase agreement and make sure a copy gets to us right away.
Once we have your signed disclosures, we submit your complete file to the lender. When the lender responds, we'll send you their decision along with any additional documents they need for underwriting.
This is where the lender thoroughly reviews your income, assets, debt, credit, and the property details before giving final approval. Underwriting is the most detail-intensive part of the process — you'll be asked to verify almost everything, and requests can come in multiple rounds.
An appraisal confirms the lender's estimate of your home's value — it is not the same as an inspection. An inspection is optional and something you'd arrange separately to check for repair issues. Once you've paid for the appraisal, a walkthrough will be scheduled with the seller. The final report typically takes 1–2 weeks after that.
Once underwriting has reviewed and approved all documents — including the appraisal — the underwriter issues a "Clear to Close." This means your loan is ready to be finalized.
Coordinate a closing date with your agent or the seller. We strongly recommend working with a settlement company to manage your closing — they handle getting documents notarized and mailing the closing packet to the lender, which keeps everything moving cleanly.
Closing documents will be sent to you, your agent, and the settlement company. Read everything carefully.
At closing you'll sign your documents with the seller — some will need to be notarized, which the settlement company handles. They'll then mail the full closing packet to the lender for processing. If your home is in a community or park, make sure to coordinate with management to schedule your lease signing and pay any required move-in fees.
Once the lender receives and processes your closing packet, your loan is funded and finalized. Coordinate with your agent and/or the seller to determine when you'll take possession of the home and receive your keys. Neither the lender nor Midwest Mobile Home Loans is involved in that handoff — it's between you and the seller.
Now that you know exactly what to expect, take the first step. We'll be with you every step of the way.
Mon–Fri 9am–5pm ET · We actually pick up the phone.