Applying for a mortgage loan at Contoso involves several key steps to ensure a smooth process. First, assess your financial situation, including your credit score, debt-to-income ratio, and savings for a down payment. A good credit score can help secure a lower interest rate, so it’s wise to check this before applying. Once you are prepared, you can start the application process online or visit a branch. You’ll need to complete a mortgage application form and provide documentation such as proof of income, tax returns, and bank statements. At this stage, you may also want to discuss different mortgage products we offer, such as fixed-rate, adjustable-rate, or FHA loans. After submitting your application, a mortgage advisor will review your information and may request additional documentation. The approval process may take several days to a few weeks, depending on various factors. Once approved, you will receive a loan estimate outlining the terms and costs associated with the mortgage. Take your time to review these details before moving forward with the closing process.