Announcement Date: September 22, 2015

You must make mortgage application within the amount of time stipulated on the contract, which is usually 5 calendar days from signing.  First you will be sent your disclosure package detailing the terms of your loan, next the appraisal will be ordered, once everything is received and your the loan is ready for underwriting submission, your information will be submitted to an underwriter for suspension, approval, counter-offer, or denial.  Your loan originator or processor will work to communicate these findings or conditions for closing and assist you with satisfying any outstanding dosumentation for closing.  Once all conditions have been met, you will be issued a clear to close.