- Broker receives
Loan Documents
- Faxes Lender
Instructions, and Payoff Demand statement(s) to Title
- Completes APPROVAL
TIME screens (Estimate)
- Processor prints
all required amendments in office
- Estimated Closing
Statements print in office
- Broker may change
and reprint Estimated Statements as often as needed in seconds
- Print Lender
Rate and Term Amendment
|
- System
generates Pre Closing Package
- Amendments
are generated automatically, immediately
- Estimated
Closing Statement is generated automatically by system when payoffs
are entered
- Generates
new Estimated Closing Statement instantly when any change is made
|
- Reviews
Approval Information
- Completes Payoff
and Tax screens
- Draws any Legal
Documents that may be required for Closing
- Balances file
|
