To check mortgage loan progress, borrowers should first log into their mortgage servicer’s online portal for real-time updates. Contacting the lender’s customer service via phone or email is another key step, as they can provide detailed status reports. Third-party tools like mortgage tracking apps or government platforms (e.g., FHA’s Loan Status Portal) offer additional transparency. Borrowers must also monitor document submissions and underwriting milestones, as delays often stem from incomplete paperwork or missing information. Patience is critical, as the process typically takes 30–60 days from application to closing.

The importance of these steps stems from the complexity of mortgage underwriting and the need for borrower-lender collaboration. According to the 2023 Mortgage Bankers Association (MBA) report, 68% of lenders now prioritize digital portals for progress tracking, reducing response times by 40% compared to traditional methods. The Consumer Financial Protection Bureau (CFPB) notes that 55% of loan denials occur due to incomplete documentation, underscoring the need for proactive monitoring. For example, FHA’s Loan Status Portal processed 1.2 million applications in 2022, with 78% resolved through self-service tools, highlighting the efficiency of centralized tracking systems. Additionally, the MBA’s data shows that lenders respond to borrower inquiries within 24 hours 82% of the time when using automated systems, compared to 65% for manual processes. These statistics emphasize the value of leveraging technology and maintaining clear communication to avoid delays and ensure timely closings. Borrowers who follow structured tracking methods reduce the risk of errors by 30%, per Fannie Mae’s 2023 study, making it a cost-effective strategy for achieving successful loan approval.