• Ben Stiller
• Sep 20, 2022
• Mortgage Process
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The saying goes, “a cluttered desk is a cluttered mind;” this mantra underscores the importance of being organized. Being organized helps us make sense of the world and helps us function better with daily tasks; this is especially true when applying for a mortgage.

When would-be homeowners apply for a mortgage loan, it’s arguably one of the more taxing/revealing application procedures out there, and it can be quite jarring for people going through it for the first time. This blog will outline why document organization is crucial to the mortgage process.

The Mortgage Process - How the Basic Steps Proceed

Buying a home is one of the biggest steps in anyone’s life; like most people, to do it, you’ll probably need a mortgage, and the process of applying for a mortgage can be very complicated, depending on the circumstances. When sourcing a reputable lending agent/bank, you’ll need to provide them with important documentation; these include but are not limited to:

Once you provide the requested documentation, you’ll receive a loan estimate. Next, a mortgage loan officer will put through your estimate for the underwriting process. An underwriter will determine whether or not your loan is approved. If you’re ultimately approved, you’ll attend a closing meeting and sign the dotted line.

As you can imagine, there are piles of paperwork you’ll need to navigate throughout the mortgage process; this is why it would be helpful to have an online document organization platform. With the right tools, you’ll be able to find everything you need whenever you or a lender require secure access.

How to Organize Files

Keeping all of the necessary documents organized and cataloged isn’t always simple. Only keeping physical copies of documents can be risky; if something happens to the physical copies of your crucial documents, you may lose them forever. Instead of relying on the original physical copy of any document, safely storing files in the cloud is a more reliable, effective, and efficient way to account for paperwork.

With secure online storage, you can organize your documents by their function and access everything with a search filter. Cloud storage is more reliable than having documents solely stored on your computer’s hard drive. If your computer crashes or is irreparably damaged, your documents will still be stored in the cloud and remain accessible - and not lost forever.

Consequences of Disorganization

Applying for a mortgage can be a trying time, especially as you wait to get approved to move into your new home. Being disorganized will only add more stress to the process. Thankfully, you can start the process with a secure document organization platform, streamlining the whole experience.

Quick, accessible, and secure access to documentation throughout the mortgage process is a must - there's no room for disorganization or missing data.

proborrower exists to help applicants and lenders streamline the mortgage/lending approval process. It is a one-stop online platform to manage all your mortgage documentation and share it with lenders and brokers of your choosing.