Buying a new home is an exciting time. It is fun to search for the perfect home in the best neighborhood for you and your family to put down roots. Once you find your new haven, you will need to pay for it. Only very few buyers can afford to pay cash outright for real estate, so most of us rely on financing to meet this need. The mortgage process may seem tedious, but it is critical to follow all the steps to ensure you can close on your new house with confidence.