(818)-784-2929

22935 Ventura Blvd. Los Angeles, CA

Crestico Funding
  1. Home
  2. Home Loans
  3. Loan Programs
  4. Application Information
  5. The Loan Process

The Home Loan Process with Crestico From Application to Closing

Welcome to the Crestico home loan process. Whether you are purchasing your first home, refinancing your current mortgage, or investing in real estate, understanding each stage of the mortgage process helps you move forward with confidence.

At Crestico, we believe every borrower deserves a clear, transparent, and efficient lending experience. Our mortgage professionals guide you through every step, answer your questions, and help you make informed financial decisions. From your initial application through final closing, we work to keep the process simple and stress free.

Get a Free Consultation

What Is the Home Loan Process

The home loan process is the series of steps lenders use to evaluate your financial qualifications, verify property details, and prepare your mortgage for closing. Every loan application is carefully reviewed to ensure it meets lending guidelines while helping borrowers secure the right home financing solution.

Whether you are applying for a conventional loan, FHA loan, VA loan, Jumbo loan, or refinance, the overall process follows a similar path from application through final approval.

Step 1

Check Eligibility

Step 2

Payment Option

Step 3

Get Approved

Step 4

Close the Loan

Step 5

Repayment & Loan Terms

Faster Mortgage Approval with Modern Technology

Mortgage approvals are much faster than they were in the past. Automated underwriting technology allows qualified applications to be reviewed efficiently while maintaining lending accuracy.

When working with Crestico and our preferred lending partners, your application information is securely combined with your credit profile and submitted through advanced underwriting systems. This technology helps speed up approvals, reduce processing delays, and provide quicker loan decisions so you can move toward closing sooner.

How the Mortgage Approval Process Works

During your mortgage application, your loan officer gathers important financial information including your income, employment, assets, monthly obligations, and credit history. This information helps determine the loan programs that best match your financial goals.

After reviewing your application, additional verification may be requested from your employer, financial institution, or other supporting sources. Once your file receives initial approval, an independent appraisal is ordered to confirm the property’s market value, while a title search verifies legal ownership and identifies any potential title concerns.

When all required documentation has been completed and reviewed, the lender issues a final loan decision. If approved, your closing appointment is scheduled so you can complete the purchase or refinance with confidence.

Home loan approval process showing mortgage documents, property paperwork, and house models during loan verification.

Frequently Asked Questions

How long does the home loan process usually take?

Most mortgage loans are completed within several weeks, although the exact timeline depends on the loan program, documentation, appraisal, and underwriting requirements.

What documents are needed for a mortgage application?

Most lenders require proof of income, employment verification, tax returns, bank statements, identification, and information about your assets and existing debts.

What happens during underwriting?

Underwriting is the stage where your financial information, property appraisal, and supporting documents are reviewed to determine final loan approval.

Is a home appraisal required?

Yes. Most home loans require an appraisal to verify that the property’s market value supports the requested loan amount.

Can Crestico help first time home buyers?

Yes. Crestico helps first time home buyers understand the mortgage process, compare loan programs, and secure financing that fits their financial goals.

Get the Best Home Loan Rates  With Crestico

Get Pre-Approved Now
Henry D.
Marisol was extremely helpful and successful in resolving the problems associated with my loan. We are very happy with our new loan.
Maria C.
They were always available to answer my questions and made the entire process simple and straightforward. I got a great rate and the support I needed to close on time. I wouldn't hesitate to use them again or recommend them to family and friends!
Nik N.
I couldn't have had a more amazing experience with our realtor - Diane Phillips. Diane is extremely knowledgeable and personable. She got to know me and my...
Tatiana G.
Houtan and Marisol are a great team. They helped my dad with his refinance and made the process seamless. They answered every question we had and came up with solutions if we ran into any issues. Thanks again!
Wesley P.
I had an amazing experience.I received all the information, support and they were very Knowledgeable of the information that I needed.
George H.
Excellent Mortgage Broker – Highly Recommended! I had an amazing experience working with Houtan and his team at Crestico. From start to finish, not only Houtan himself but his entire team made the mortgage process smooth, stress-free, and efficient. Their knowledge and expertise were evident at every step, ensuring I got the best possible loan terms. Communication was outstanding; Houtan was always available to answer my questions, explain complex details in a way that made sense, and guide me through the entire process with confidence. They were proactive, transparent, and truly had my best interests in mind. If you’re looking for a mortgage broker who is professional, reliable, and dedicated to helping you secure the best financing, I highly recommend Houtan and his team. I couldn’t have asked for a better experience!
Nat Z.
Houtan is a top notch professional. He helped me with my pre-approval and walked me through every step of the loan process. He was extremely responsive, personable, and knowledgeable. He is incredibly reliable and would answer calls or emails within minutes when I had questions. I can't recommend Houtan enough for buying a house. We had been working directly with a large bank on a loan, and all seemed fine until we had an accepted offer, then we started having issue after issue where there was just no sense of urgency. We almost had to walk away from our house, but Houtan and his team were referred to us in mid escrow, helped us explore multiple options in parallel, and close on time. Houtan was very responsive and on top of everything, presented our options very clearly, patient with all our questions, and really understands the Los Angeles housing market.
Nat Z.
Houtan is a top notch professional. He helped me with my pre-approval and walked me through every step of the loan process. He was extremely responsive,...
Nat Z.
Houtan is a top notch professional. He helped me with my pre-approval and walked me through every step of the loan process. He was extremely responsive,...
Niloofar S.
As a first time home buyer, taking out a jumbo loan could’ve been quite scary. But Houtan and his team made it a pleasant experience. An amazing team who are always one step ahead of the process.
Mohammad S.
Easy to work with ! Professional people and honest!
Jack M.
Worked with Houtan. He got our loan closed super fast and got us a rate that was lower than what our bank offered us. I'm very happy with Crestico and i recommend them to anyone.
Rebecca S.
Finally a real professional with a heart! Working with Houton makes me feel like having a friend who is on my side, rather than a businessman who is always looking out for #1. He is extremely helpful, knowledgeable, and responsive. He was always happy to explain and strategize with me whenever I needed help. Unlike most realtors and lenders out there who don't want to use their brains and only do easy and mindless paperwork, Houtan has great analytical and investment insights to share with his clients. I wholeheartedly recommend him to anyone who values the rare combo of both thoughtfulness and top-notch expertise.
Ramtin S.
Thank you Houtan and the entire team for going above and beyond every single time. From the onset, you guys gather whatever is necessary to get the job done as quickly and efficiently as possible, always keeping constant communication. My rate and fees are disclosed and never change at the time of signing.
Shayan M.
These guys were a godsend when searching for a home loan. I was first time home buyer and they helped out with the entire process. Everything from the customer service to making sure I was informed for every step of the process was handled exceptionally. I am absolutely ebullient with Houtan and his entire team have given me, and helping me transcend into the status of homeowner.
Pouyan B.
I have been working with Houtan for over 10 years. He and his office have always been great to work with. Excellent communication and great work ethic. I will definitely be back for my other mortgage needs in the near future.
Michael R.
Thank you Houtan and team for helping me secure my home loan! Great communication, customer service and rate! Look no further, call Crestico for all of your home loan needs.
Bronson M.
I want to express my gratitude to Houtan and his team. Houtan is extremely knowledgeable and really takes the time to answer any questions that you have. He wants the best for his clients and I would recommend him to anyone.
Diba P.
I want to take a moment to express my gratitude for Houtan Hormozian and the exceptional service he provided in helping me secure a loan. From our very first conversation, he was attentive, understanding, and incredibly knowledgeable about the lending process. He took the time to explain all the details, answered all my questions patiently, and worked tirelessly to find the best options tailored to my needs. His professionalism and dedication made what could have been a stressful experience into one that was smooth and straightforward. Thanks to Houtan Hormozian, I was able to secure the financing I needed, and I couldn't be happier with the outcome. I highly recommend him to anyone in need of lending services. His commitment to his clients is truly commendable!
Golnaz G.
Houtan and his team are the best. They made the whole process of buying the house so easy for me. Houtan is very professional,knowledgeable , trustworthy and caring. He wants the best for his costumers. I highly recommend him to everyone.
Cristy M.
Jason M.
Dane R.
We did a lot of research before settling on Houtan - and he has been a great find. He has helped us with our home purchase, and several refinances since then. As we look into purchasing rental properties, he is always available to answer questions and explain things in terms that non-brokers can understand. He is, and will always be a part of our investment team.
Sean L.
Houtan and His team are great. He got me a great rate and funded my loan before my escrow closing date. A ++
Lena M.
I am a realtor. Houtan Hormozian was my buyers lender. He was always very responsive and always answered my calls, some lenders never call you back He promised he would close in 30 days and he did. I would highly recommend him.
Call Us
Email