Why Multiply Mortgage?
Unlock some of the most competitive mortgage rates in the market. Our seasoned originations team structures loans to help you save.
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With offices in your community, our mortgage advisors know the market and have strong relationships with agents, appraisers, and closing partners, making your process faster and smoother.
Get concierge-level service from a dedicated team that guides you seamlessly from pre-approval to keys in hand.
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Get pre-approvals
Strengthen your offer with sellers by showing you're financially vetted and ready to proceed
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Rate IQ
Upload your loan estimate or rate quote and get an instant AI analysis based on your rates, fees and terms.
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The mortgage process
Share your financial documents and compare lenders. A pre-approval letter can strengthen your offer.
Work with your agent to search, make offers, and sign a purchase agreement once accepted.
Submit documents, lock your rate, and schedule the home appraisal.
Your lender reviews finances and appraisal. Once conditions are cleared, you’ll be fully approved.
Sign the final documents, pay closing costs, and move into your new home!
Introductory terms
Essential terms every homebuyer should understand
A measure of the total cost of borrowing, including interest rate and fees, expressed as a yearly rate.
The difference between your home’s market value and the outstanding balance on your mortgage.
The fee the lender charges you to borrow money for your mortgage, based on a percentage of the principal.
A lender’s conditional agreement to loan you a certain amount based on preliminary financial information.
The amount you borrow from the lender to buy a home. This is typically calculated by taking the home value, minus the down payment (initial upfront investment into the mortgage).
