The Home Buying Process

From start to close, The Newman Team is here to help you achieve your goals.

If you’ve never been through the process of buying a home (and getting a mortgage) or if it’s been a while, the process can seem a little overwhelming and confusing. Rest assured knowing the Newman team is here to help you navigate the entire process, from start to close. We will help you understand each step in the process and are readily available to answer any questions that may arise. We look forward to making your home dreams come true.

The Home Buying Process

Here at the Newman team, we know mortgages. It’s what we’re all about. We don’t, however, expect you to know every step and turn along the way. Here’s a look at our home purchasing process and what you can expect from us as you start the home loan process.

If you have a new home in mind, your first step is to call The Newman Team! We’ll be able to help you get started with the mortgage process and guide you in starting your mortgage application!


When applying for a mortgage with The Newman Team, you have several options! You can apply online (the fastest and easiest way), we can take your loan application via phone or we can set up an appointment and we can take your application (and meet) in person. Once we have your completed application we’ll also pull your credit report, with your permission of course. 


Whether we meet in person or talk on the phone, we’ll be in contact with you to discuss your loan options and go into further detail regarding what we’ll need from you throughout the loan process.

After taking a look at your application and credit report, as well as discussing your goals for the transaction, we’ll issue a pre-qualification letter letting you know how much of a Colorado Denver home loan you qualify for.


With your pre-qualification letter in hand, it’s time to start looking for your new home! If you need help selecting a realtor, we’re happy to provide some recommendations in your area!


Once you’ve found your new home, submitted and offer and been accepted… let us know! Your agent will send us the contract and we’ll work with you to meet all your contract deadlines.


Now that the big decisions are made (you found a house and know what type of loan program you want) it’s time to send the loan to processing. Our processor will prep, organize and analyze all the information to make sure it meets government guidelines. You may hear from our processor if we need more documentation or if there are any questions regarding your file.

Most home purchases are contingent on a home inspection. During this time you may have to negotiate with the seller if any major issues are found.

In order to complete your loan, we need to make sure your new home is worth what we think it is. An appraiser will evaluate the home value and report back on his findings.


You may need to submit additional documentation as needed throughout the process.

Determine which company you’d like to obtain homeowner’s insurance from (we can provide recommendations if you need them) and apply for your policy.

When a loan goes to underwriting it’s in for its final review. After an underwriter review of your file, additional items (documentation, explanation etc.) may be requested or the file may be cleared to close and ready to head to closing!

Congratulations! Your loan has been cleared to close. From here you have a stack of papers to sign and you’ll be on your way to owning your new home!

Cherry Creek Mortgage Co., Inc. NMLS #3001. An equal housing opportunity lender. NMLS #493951. All Rights Reserved. Some loan products may not be available in all states. Terms, rates, and fees subject to change. Please speak with one of our loan originators for more detail.