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Home Loans
 

Mortgage Process

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Home Loans—Provided by Quicken® Loans®

Mortgage Process 

 

With Schwab Bank's home lending program provided by Quicken Loans, you'll find the home mortgage process is simple. From beginning to end, you'll have all the resources you need to answer your mortgage questions and close your loan quickly, with the confidence that you're working with the nation's largest online mortgage lender.1

DEDICATED SERVICE
Get dedicated help from Quicken Loans.
MORE CONVENIENCE
Experience a fast, simple closing process.
GREAT VALUE
Access competitive rates and more loan options.

Five-Step Process

Here's how the home loan process works: 

We'll start with a conversation about your home financing needs and your goals. You'll talk with either your Financial Consultant or a Quicken Loans Home Loan Expert who will answer any mortgage questions you may have.
With your permission, your Quicken Loans Home Loan Expert will pull your credit score.
Once you're ready to proceed, Quicken Loans will help you create an online account to upload and electronically sign your documents.
Quicken Loans will verify the information you provided and order an appraisal of the property.
When everything is ready, Quicken Loans will schedule your home loan closing at a place that's convenient for you

Ready to start the mortgage process?

Get Started Call 877-535-4021
Mon.–Fri., 8 a.m.–9 p.m. ET; Sat., 8 a.m.–4 p.m. ET
 

Your top mortgage questions answered

Applying for a Mortgage

Each buyer is unique. The biggest factors in determining your price range are typically your monthly income and your financial obligations. It’s simple to make an estimate; just run the numbers for yourself using our Affordability Calculator.
That depends on a number of factors, including:

  • How long you think you’ll stay in the home
  • How much money you’ll put down
  • How you’ll finance the closing costs
Yes. Getting pre-approved lets you know how much home you can buy before you go house hunting. Plus, it lets realtors and sellers know that you’re a serious buyer because your financing is already arranged—which can be an advantage when making an offer.
An appraisal compares the current market value of the home you’d like to buy to other homes in the area that have recently been sold. Tax values can sometimes be higher or lower and may not reflect the actual appraised value of the home. A recent appraisal is necessary to confirm the property’s current value. You should not, however, rely on the appraisal as a warranty for assurance about the condition of the home or its value.
An appraiser will contact you to make an appointment to access the property for an appraisal. Once the appraisal is complete, the appraiser will send the results directly to the lender. You can request for a copy of the appraisal from the lender.
We are committed to meeting the needs of all of our clients, including those with disabilities. All of our facilities have been designed to comply with all applicable accessibility requirements.

We also offer a variety of services that allow you to bank with us from the convenience of your home:

  • Online banking
  • Banking by phone
  • Banking by mail
  • Bill pay
  • Direct deposit
  • Automatic payments

Web Accessibility
We have designed certain features on Schwab.com to improve the usability and accessibility of our website, including the ability to increase the font size of text on each page.

Phone Services for the Hearing Impaired
Customers with hearing impairments can contact us via relay calls through Telecommunications Relay Services or via Teletypewriter (TDD/TTY) for account information and customer service.

If you are disabled and in need of a type of accommodation not addressed here in order to access our services, please contact one of our representatives by calling or emailing, and we will make a good faith effort to provide you with a reasonable accommodation.


Equal Housing Lender/Member FDIC Charles Schwab Bank