Closing on a Mortgage During COVID-19

You're probably wondering: can I still close on my existing mortgage during the pandemic?

The short answer is yes, it’s possible. Let’s dive into the specifics. 

Open Houses and Walkthroughs 

In-person events to show off or shop for your home may be cancelled to honor social distancing requirements. If not, it may be possible with proper protective equipment, limiting the number of people in a house, and remaining 6ft apart. Some digital alternatives like a video chat tour and phone meetings with a realtor are likely solutions to keep the home buying process safe and efficient. 

Obtaining a Mortgage 

The good thing about being a Digital Mortgage company is that we haven’t had to change much of anything since transitioning to remote work. Things like filling out an application, submitting documents, and chatting with your loan originator are all done online with security you can count on.  

One major change is that with so many people out of work during this pandemic, it may not be in everyone’s best interest to apply. Depending on your financial situation, you could still qualify, but many lenders are less likely to work with people that don’t have near-flawless credit history.  

Appraisals and Inspections 

In order to maintain appropriate social distancing, Fannie and Freddie have been more lenient with appraisals, allowing exterior or automated value monitoring. You can still get in-person appraisals or inspections so long as everyone is wearing appropriate protection equipment and adhering to CDC recommendations. 


Our competitors are struggling to close on time as they’ve transitioned to online operations, whereas HomeLend is high functioning as we’ve always been. We can still guarantee our same fast turnaround from initial quote to closing. 

As for in person closing, we are still allowed to have all important parties meet to finalize paperwork so long as they’re wearing appropriate PPE.  

To Get Started

Call or click for a no cost, no commitment rate quote in just minutes. We’re happy to help you meet your financial goals with a new home purchase or refinance today. 

This information is the most accurate as of its publish date. The information is subject to change in accordance with federal and state guidelines.