Our team will be requesting documents from you.
Submission Prep
Your loan team will request supporting documents to prepare your file for the bank’s initial review.
Submitted to Underwriting
Your application and documents are submitted for review by the bank.
Your application & documents have been submitted to the bank and is under formal review by an underwriter.
Loan Approved
Your mortgage has been approved by the bank.
The bank has issued a mortgage commitment, meaning your loan is approved subject to standard conditions.
Satisfying Conditions
Our team will work to satisfy conditions and may need additional documents from you.
We’ll collect the remaining items needed to satisfy the bank’s approval conditions.
Final Review
All conditions have been submitted to the bank for final review.
The bank is completing final verifications and reviews to determine if the loan is eligible for Clear to Close.
Cleared to Close
Your loan is fully approved and ready to fund.
Your loan has received final approval from the bank and is ready to fund. Closing can now be scheduled with your attorney or title company.

