A system and method for applying for a mortgage over a network. A Realtor (342) enters the buyer' s (340) information into a computer and sends the information over the network to a mortgage service. The mortgage service obtains the buyer' s (340) credit reports and incorporates the credit with the information. A decision maker receives the information and the credit reports and either grants a mortgage commitment (346) or denies the buyer' s (340) mortgage application. The buyer (340) is informed of the decision over the network. Once the buyer (340) meets the conditions of the mortgage commitment (346), the mortgage service provides a final underwriting for the mortgage.