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Robert J. Clifford 412-7077 cell

Home Loan Process Flow. Received in Processing Appraisal Ordered Title Ordered Verifications Ordered IRS Transcripts Fraud/LDP Checks (2 – 4 days). Appraisal Timelines Conventional/FHA (3-4 days) VA – (Allowed up to 10 days to complete). Loan Pre-Approval Process Application

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Robert J. Clifford 412-7077 cell

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  1. Home Loan Process Flow • Received in Processing • Appraisal Ordered • Title Ordered • Verifications Ordered • IRS Transcripts • Fraud/LDP Checks • (2 – 4 days) Appraisal Timelines Conventional/FHA (3-4 days) VA – (Allowed up to 10 days to complete) • Loan Pre-Approval Process • Application • Credit Review • Income/Asset Review • (1–2 days) Receipt of Purchase Contract and All Addendums Home Inspection Ordered/Satisfactory (3-5 days) Robert J. Clifford412-7077 cell • Conditional Approval Issued • Further documentation needed Final Loan Approval issued (cleared to close) Resubmission & review for approval (1 day) Initial Underwriting (2 days) Preparation of HUD-1 & documents completed by Escrow (1 day) Timely Home Loan Completion! Compliance Quality Control & Document Preparation (2 days) Document Signing and Funding (1 day)

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