Loan Status Update

Application Completed

Your application has been completed online, by phone interview, or face-to-face with one of our knowledgable mortgage loan originators. YOu application is supported by the requested documentation to verify the information provided.
 

Rate Locked

At your request, your rate has been locked, which provides protection and peace-of-mind of having the quoted rate until the expiration date.
 

Initial Approval

Our experienced underwriters have reviewed your application, supporting documentation and other loan details, and your loan has now been conditionally approved. Your loan originator will work with you to collect any additional documentaiont that is a condition of your loan approval.
 

Appraisal Ordered

Your property appraisal has been orered to estimate the property's market value. The appraiser has scheduled an inspection of the interior and exterior of the property. The appraisal ordere has a specific date of completion, and you will be updated once it has been received and reviewed.
 

Appraisal Reviewed

Our staff of appraisal review experts have completed a detailed evaluation of the appraisal report.
 

Title Ordered

Title Insurance coverage has been requested by the title company. Title insurance protects the borrower and/or lender from and title defects.
 

Title Received

The title company has provided the preliminary title documentation which will be reviewed for any specific limitations to coverage and any other requirements.
 

Approved/Preparing to Close

The underwriter has reviewed your loan file with specific attention to the condition required at initial approval. At this stage, the primary goal of the underwriter is to complete the final review of all loan documentation.
 

Closing Documents Sent

The documents required for your loan closing have been prepared and delivered to the title company.
 

Wire Scheduled

We have initiated a wire transfer of the funds necessary to complete your transaction. This will ensure the loan will be funded on the specified closing or funding date.