Friday, March 25, 2011

The Loan Process - Part 4 - Closing

The fourth part of the Loan Process is closing. Once you have been prequalified, processed, and underwritten you are ready for closing.
The Closing Department prepares your Loan Documents and Closing Instructions. These items are sent to the Title Company. The Title Company uses the instructions to prepare the HUD 1 Settlement Statement. Once the HUD 1 is complete the Title Company sends the HUD 1 to the Closing Department for Approval. Once the HUD 1 is approved your closing is scheduled.
We offer Conventional, FHA, Reverse, USDA, and VA Mortgages.
When you think mortgage, think Josh, Mortgage Josh, Your Friend in the Mortgage Business! – 251 382 3729 cell – Josh@MortgageJosh.comwww.MortgageJosh.com. – Josh Aaron NMLS: 213887 – NFM, Inc 1535 S Schillinger Road, Mobile, AL 36695

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