This is an exciting step in the process! During The Conditional Approval Stage you receive the first indication that your mortgage loan will be approved by us, as it’s been initially reviewed by the Underwriter. Although, this approval is only valid if certain conditions requested from the our company are met. These conditions may include:
Additional Documentation
Letter of Explantation
Acceptable Appraisal Report
Once you have met all the required conditions requested, your file will be re-submitted to your underwriter for final approval.
