Mortgage Loan Application & Approval

Unless you are paying cash for your home, the next step in the process is to complete a mortgage application to finance your new home. It is important that the loan approval process be started and completed as soon as possible. Therefore, we ask that the application for a mortgage be made within three (3) days of your Purchase Agreement.

We appreciate that some of our customers have their own banking relationships and may prefer to use their own lending sources. However, as a service to our customers, we have relationships with lenders who are prepared to offer you preferred interest rates, as well as other benefits, as a Kensington Home purchaser. Please consult with your sales professional to determine the most current preferred lender incentive.

Learn why it's a good idea to use our recommended lenders.

Find out what you should ask your chosen mortgage lender.

Learn what documents your should provide at the time of mortgage application.

Your mortgage company will keep you abreast of the process of your loan application and, upon approval, will provide you with a mortgage commitment letter. Please provide us with a copy of the mortgage commitment letter as soon as you receive it.

If you have any questions, please do not hesitate to contact us or ask any of our sales professionals, who would be more than happy to address your concerns.

Otherwise, please choose a topic from the drop-down menu below and we'll continue taking you through the homebuying process.