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