All right, so your loan is in processing, but what exactly does that mean? Basically, what it means is that I’ve taken all the documentation that you submitted to me during your pre-approval process, and I’ve given it to your processor. The processor is somebody who is going to be assigned to your loan and is somebody that works in my office as one of my team members and helps me get the loans to close.

The processor is going to play a huge role for you because they’re going to be somebody that is not only collecting documentation from you, but is also going to be available to answer questions, provide guidance and feedback, and they’re really going to be my team member in getting you to the closing table smoothly and on time. So the processor is going to look at everything that I’ve submitted and then they’re going to send you what’s called a welcome letter.

They’re going to introduce themselves and then they’re going to detail additional steps that need to be taken and any other items that they see that they need before they can submit to underwriting. Once they submit your loan to underwriting with the documentation you provided will be able to get your conditional approval, which is also synonymous with your loan commitment.

The loan commitment is a date that we need to meet in your contract so that you stay within contracts and we can get you to the closing table on time without any hiccups. So it’s very important that you listen to your processor and that you follow the deadlines that they’re giving you, because each deadline corresponds with something that we need to meet to be able to close you on time.

So if you have any questions, like I said, you can address them to myself or your processor, but give me a call if you don’t understand this or if you prefer to work with me directly. My cell is 4846861555. Or you can reach me at eight Garcia at first time.com. All right. So have a great day and I look forward to chatting with you soon.

If you have any questions. Like I said, give me a call.