PRE-APPROVAL

We can provide you with preliminary approval right away - usually within 24 hours after you apply. Once the application is received, it will be immediately registered in our system. Your loan application will then be assigned to a Loan Officer who will maintain primary responsibility for seeing your loan to closing.

Terms and concepts you should know

·     “Preliminary approval” means that your income and credit meet the guidelines for the loan you’ve chosen.

·     “Conditions (or, Stipulations)” are tasks that must be completed before your loan can be funded.