*The following process can vary significantly- especially if the loan we’re trying to secure isn’t conventional or whatever.
A standard, residential loan process has 5 stages: Pre-Approval, Registration, Underwriting, Conditions, & Closing. Here’s a helpful diagram to illustrate. [[attach loan process diagram]]
Loan Process v3.11
wef
DSCR
Bank Stmt
Alt Income
Non-QM
QM
VA
Conv
FHA