[JP Mortgage Services]

Final Approval, Funding, and Closing of Your Loan

Once you have contacted your loan officer, obtained pre-approval, selected your program and submitted required documents, there are still a few things to bear in mind. This process may have been long, but remember there are still a few things that must happen before your loan funds.

Final Approval is obtained when the lender is satisfied that all conditions for the loan have been met. Once this happens, your loan is sent to the closing department where closing documents are drawn, wires are ordered, and at the final meeting at the Title Company, the loan is finally closed. 

Your loan officer,  and title officer will be very grateful that you have assisted in the smooth conclusion to your home mortgage experience by remembering Some Things You Might Not Know – But Should. The goal is for you to get your new loan – we all see that vision for you. Remember we are all striving to make your home mortgage experience as smooth and painless as possible, and your cooperation virtually guarantees a pleasant experience for everyone involved.