Financing in Staten Island>Question Details

Staten Island, Other/Just Looking in Staten Island, NY

What happens after you've applied for a loan?

Asked by Staten Island, Staten Island, NY Mon Apr 22, 2013

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Joseph Runfola’s answer
Your application is reviewed by a home mortgage consultant, who will verify your employment, income and financial information and order a credit report. An appraisal will be conducted, title insurance purchased, and there will be flood certification. An underwriter reviews your complete loan package to make a final decision on your application. Upon approval, you will be sent a list of conditions that you must meet before you can close your loan.
0 votes Thank Flag Link Tue Apr 23, 2013
Hopefully you're approved and you're on your next step to buying that house. Jeannette Batsikas
0 votes Thank Flag Link Mon Apr 22, 2013
You wait for the loan approval letter from the lender, or any further document requests.
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0 votes Thank Flag Link Mon Apr 22, 2013
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