What Is A Mortgage Document? The Mortgage or Deed of Trust is a legal document in which the borrower transfers the title to the lender (under a mortgage), or to a third party trustee (under a deed of trust) to hold as security for the lender. When the loan is paid in full, the lender
What Is Loan Process? Processing the loan means reviewing the mortgage application, making sure the borrower has provided all the necessary paperwork, and that all the information is accurate. When you take out a mortgage, a loan officer or loan originator is responsible for helping you choose the right type of mortgage. What are the
What Is The Job Description Of A Mortgage Loan Processor? The Mortgage Loan Processor is responsible for the processing of a mortgage loan from origination to funding. This position will support the Sales and Operations Staff by collecting necessary documents and managing the transaction to ensure the closing deadline is met. What does a mortgage
What Comes After A Conditional Approval? What comes after a conditional approval? The good news is that once your loan has been conditionally approved, you’re basically in the home stretch. Your lender will likely need another 1-2 weeks to finalize your home loan and set your closing date. What happens after getting conditional approval? When