Our Process

Six steps. No mystery.

Most borrowers describe the mortgage process as “a black box where you hand over docs and hope.” Ours is a numbered list. Every step has a timeline, a deliverable from us, and a clear ask of you.

Dr. Rate watches the math. The process keeps the file moving.

STEP 01

Send your scenario

5 min

You do

Tell us purchase price (or refi target), income story, rough credit. A short form or a phone call.

We do

Confirm receipt within the hour. Schedule a 15-min file walk-through if helpful.

STEP 02

Real file review

Day 1

You do

Send 2 months bank statements, W-2s or 1099s, last 2 years tax returns (if applicable), ID. Soft credit pull.

We do

The Lend Labs team reviews the full file against founder-led standards and identifies which programs your file actually qualifies for.

STEP 03

Multi-lender comparison

Day 1-2

You do

Review the comparison sheet. Ask questions. Choose the program that fits your math.

We do

Pull rate, APR, payment, cash-to-close from 40+ wholesale lenders. Plain-English recommendation.

STEP 04

Underwritten pre-approval

Day 2-5

You do

Provide any final docs requested. Use your pre-approval letter to make offers.

We do

Submit the file for desktop underwriting. Issue a real pre-approval letter — not just a rate quote.

STEP 05

Lock & full underwrite

Day 7-21

You do

Stay responsive on doc requests. Don't open new credit, don't change jobs.

We do

Lock your rate. Order appraisal. Submit to underwriting. Clear conditions.

STEP 06

Closing day

Day 21-30

You do

Sign at the title company. Bring your ID and cashier's check (if needed). Get the keys.

We do

Confirm clear-to-close. Coordinate with title and your agent. We're on the phone if anything moves.

Dr. Rate lab note

Every step should produce a clear next number.

A rate without APR, payment, cash to close, and conditions is just noise. The Lend Labs process keeps the math visible from first review to closing.

Run the calculators

The promises

What you can count on at every step.

Founder-led standards

The process was built by Will Perez and carried by the team — file-first review, plain-English guidance, no call-center script.

Fully transparent fees

$0 to you, ever. Lender pays our compensation at closing — disclosed in writing on the LE.

Fast, predictable timelines

24-hour comparison. Same-week pre-approval. 21-30 day close on a clean purchase.

Multi-lender, never captive

Independent broker. Your file goes to the lender that prices it best — not the one paying us best.

Start step 01

Send your scenario. We start today.

Five minutes to send. 24 hours to a real comparison. Zero dollars out of your pocket.

Get my comparison (407) 201-4403

No credit pull · No application fee · Equal Housing Opportunity

Dr. Rate says: the first step is sending the scenario.