The Loan Process

• • Application
  • Prepare Preliminary Documentation**
  • Meet with the Borrower(s)
  • Process the loan
          • Order Verifications
          • Revise Preliminary Documentation (if applicable)
          • Prepare all Documents to send to Lender
  • Lender underwrites the loan
  • Lender sends back approval with conditions to be satisfied
  • Loans Unlimited to satisfy all outstanding conditions
         • Order Appraisal
         • Order Titlework
         • Obtain information on Homeowners Insurance
  • Send conditions to Lender
  • Wait for Clear to Close with closing conditions
  • Schedule Closing with Title Company and Borrower
• 
  **For all Purchase Transactions - Preliminary Documentation cannot be prepared without a subject property!**