After you make mortgage application, supply the loan orginator with all your personal documents, an apprasial is ordered and when they have all the documents in the file it is moved over to the underwriting deparment. the underwriter typically takes 48-72 hours to review the file. The file can be approved 100% or approved subject to additional documents. After additional documents are received you can ususally proceed to closing within 48-72 hours.... more
Sheri, While all of these answers are pretty good, YOUR loan officer is your best resource. I'd stay in close contact with your loan officer and ask all of these questions. If you need me feel free to contact me. Chad
Chad E. Bahnsen- Mortgage Professional
Mortgage Network, Inc.
14 E. Stratford Ave Ste 3C
Lansdowne, PA 19050
Office: 610 622-2212
E-mail: firstname.lastname@example.org NMLS # 127719... more