When purchasing a new home, the completion of all the steps of the mortgage process in a timely fashion is critical closing your loan on time. Every business day we lose is equivalent to 3 calendar days. In order to better prepare you, I created a loan calendar tool that allows you to populate the tasks to be completed and when they need to be completed by. Simply enter your home loan application date and desired closing date, and the calendar will automatically fill in all the important loan milestones (along with their anticipated dates).