How does the application process work for Orange Mortgages?
You can apply over the phone or online. Conditional offers are usually available immediately . After you receive and accept your offer, we guarantee your rate for 60 days for purchase or 30 days if you are refinancing. Unlike mortgages from other lenders, there is no fee for our rate guarantee. Once you tell us you’d like an Orange Mortgage, we’ll ask that you provide your credit card information for us to start the process. After you accept your offer, if your application is cancelled, declined or withdrawn due to inactivity, a $350 Processing Commitment will be charged to cover expenses we incurred on your behalf. It’s important to understand if your offer should change for any reason and you cancel your application, you are still responsible for the Processing Commitment charge. To apply for an Orange Mortgage on a second home, please call us.
