Appraisal
A certified local appraiser will contact you to set up your appraisal. Please be prepared to write the appraiser a check as this will be your only "out of pocket" expense.
Submission
Application and required documents will be submitted to processing. Your Mortgage Consultant or their processor will keep you updated on your file.
Underwriting
Your file will be underwritten to obtain loan approval with conditions. Your account manager will then fulfill those conditions in order to get your final documents out to you.
Final Documents
A title company will set up an appointment to come to your business or home to sign final documents. Those documents will be sent to escrow overnight for funding.
Funding and Recording
The title company and the lender will work together to fund and record your loan and fulfill all prior to funding conditions.