Processing
My Processing Checklist
Processing Once the application has been submitted, the processing of the mortgage begins. The Processor orders the Credit Report, Appraisal and Title Report. The information on the application, such as bank deposits and payment histories, are then verified. Any credit derogatories, such as late payments, collections and/or judgments require a written explanation. The processor examines the Appraisal and Title Report checking for property issues that may require further investigation. The entire mortgage package is then put together for submission to the lender.
[PDF]
FULL DOC PROCESSING CHECKLIST. PART I - DOCUMENTATION TYPE ... 1) Non-
Processing Once the application has been submitted, the processing of the mortgage begins. The Processor orders the Credit Report, Appraisal and Title Report. The information on the application, such as bank deposits and payment histories, are then verified. Any credit derogatories, such as late payments, collections and/or judgments require a written explanation. The processor examines the Appraisal and Title Report checking for property issues that may require further investigation. The entire mortgage package is then put together for submission to the lender.
[PDF]
2. FULL DOC PROCESSING CHECKLIST
File Format: PDF/Adobe Acrobat - Quick ViewFULL DOC PROCESSING CHECKLIST. PART I - DOCUMENTATION TYPE ... 1) Non-
traditional mortgage credit report prepared by a consumer credit agencies or ...
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