Stepping
Through the Loan 
Process
Pre-qualification/interview
Application
interview
Lender
obtains all pertinent documentation
Order
documents
Credit
report, appraisal on property, verifications of employment .
Loan
submission
The
loan package is assembled and submitted to the underwriter for approval
Documentation
Supporting
documents come in Lender checks on any problems Request for any additional items
are made
Loan
approval
Parties
are notified of approval
Documents
are drawn
Loan
documents are completed & sent to title Borrowers come in for final
signatures
Funding
Lender
reviews the loan package Funds are transferred by wire
