NLIC.org

Henry Said:

loan processor and underwriter?

We Answered:

The loan processor takes all of the information you have provided (bank statements, W2's, paystubs, etc...) and makes sure that everything is input correctly in the file. Then the file will go to underwriting where they verify the information and make sure it conforms to the lender guidelines. All of this should take anywhere from a day or two to a week, depending upon your mortgage company. Since you are not closing until the end of the month, you are way ahead of the loan process. Congratulations on your new home.

Delores Said:

I have been approved for the mortgage, got final OK from the underwriter. what is the next in the process?

We Answered:

The Mortgage Application Process
http://www.federalreserve.gov/pubs/mortg…

Jane Said:

Can I collect unemployment Insurance?

We Answered:

You will most likely not get unemployment because you were terminated with cause. But go ahead and apply for it anyway - the worse thing they can tell you is "no". Nothing ventured - nothing gained.
Good luck.

Javier Said:

Is it typical to still not...?

We Answered:

you are ok as it is time consuming and underwriters are busy and yourloan is not the only one for them to review. It should happen -relax

Theresa Said:

What does ordering title work mean?

We Answered:

should not be a problem at all unless this county is rural as many of these are not on line for the title company and they must send an abstracter to search the plat