|
|||||
|
APPROVAL
TIME
|
|
|
|
Broker Side
|
Technology
|
Title Side
|
|
Broker receives Loan Documents Faxes Lender Instructions, and Payoff Demand statement(s) to Title Completes APPROVAL TIME screens (Estimate) Processor prints all required amendments in office Estimated Closing Statements print in office Broker may change and reprint Estimated Statements as often as needed in seconds Print Lender Rate and Term Amendment |
System generates Pre Closing Package Amendments are generated automatically, immediately Estimated Closing Statement is generated automatically by system when payoffs are entered Generates new Estimated Closing Statement instantly when any change is made
|
Reviews Approval Information Completes Payoff and Tax screens Draws any Legal Documents that may be required for Closing Balances file
|