mortgage sent to processing (client)

Sent to Processing

Step 2. –  most of your requested documents are in place now (paystubs, bank statements, etc.) This is where all the behind the scenes magic happens – IRS tax transcripts, flood certification, employment verification, home insurance updates, payoff request, closing scheduled, etc..)

YOUR ACTION: If you don’t already have home insurance in place, now is the time to do so.  I have a great local insurance agent and am happy to give a referral for a second opinion.

Please help us help you.  Be responsive to any requests from processing to avoid unnecessary delays with your closing.

Our job is to make approving your loan simple; for everybody.  Your loan processor helps make this happen.  Lending guidelines often doesn’t follow common sense:

  • Like verifying a spouse allows their money to be used to purchase their own home
  • Like verifying a self-employed person is employed.
  • Like verifying an applicant’s employment when they collected unemployment for 2 months

We don’t make the guidelines, but we understand them. And we take extra time during this step to avoid many of these seemingly silly questions later in the process.

sent to processing timeline
mortgage closing divider

Lighthouse Lending

Austin Herbert
Lighthouse Lending
[email protected]
(919) 523-2505
NMLS#: 69812

austin herbert mortgage broker