The mortgage process involves several key steps: 1. Getting pre-approved for a mortgage to determine how much you can borrow and protect the interest rate for up to 120 days. 2. Shopping for a home with your pre-approved mortgage amount. 3. Submitting a mortgage application including documents like pay stubs, bank statements, and information about the property. 4. Having conditions like an appraisal met before finalizing the mortgage. 5. Signing legal documents to transfer title and finalize the mortgage.