Mortgage Loan Process

See how to check mortgage application status, upload documents and more.

The mortgage loan process doesn't have to be difficult. Once you have made the decision to pursue applying for a mortgage loan with Regions, your Mortgage Loan Officer will work with you to obtain the necessary documentation required for a loan decision.

Below is a summary of the mortgage loan process so you'll have a better understanding of what you can expect:

1. Application

Your Mortgage Loan Officer (MLO) will work with you to complete your application and collect any documents needed for underwriter review. Appropriate regulatory disclosures are provided.

2. Initial Approval

The Underwriter will review your application and documents to make an initial credit decision. If the loan is initially approved, your loan Processor will let you know the conditions required to issue the loan and whether additional documents are required.

3. Appraisal

Regions will coordinate the receipt of the appraisal with the Appraisal Reviewer. The Appraisal Reviewer will review the appraisal and estimated value of the property. Once accepted, a copy of the appraisal will be sent to you.

4. Approved for Closing

Once all the conditions are met, the Processor will re-submit the file to underwriting for final review. Once final approval is received, the Loan Closer will prepare and send the loan closing document package and wire loan funds to the Closing Agent.

5. Ready for Closing

Your MLO will review the final numbers and disclosures with you to answer any questions you may have. The Closing Agent will confirm with you the funds needed to close and schedule the closing where you will sign all final loan documents.

View the step-by-step diagram of the Mortgage process