Many home buyers assume the hard work is finished once their mortgage application has been approved. However, the final weeks before closing are an important stage of the process. During this time, underwriters continue reviewing information to … [Continue reading]
The Difference Between Being Approved and Being Cleared to Close
One of the most common misconceptions among home buyers is that loan approval and clear-to-close mean the same thing. While both are important milestones in the mortgage process, they represent different stages of your loan journey. Understanding the … [Continue reading]
How Job Changes Can Impact Your Mortgage Approval Timeline
Many homebuyers are surprised to learn that changing jobs during the mortgage process can affect their loan approval. While a new position is not always a problem, lenders need to verify that your income is stable and likely to continue. If you are … [Continue reading]
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