Communicate your decision to lock-in or float your interest rate. Understand and track the importance of all contract dates. Take responsibility for review of all contract documentation such as, title commitment, survey, property disclosure form, etc. Title is transferred, loan is funded, buyer brings additional funsd and seller receives payment in full. File reviewed by lenders underwriter but cannot be approved as submitted.
Loan is ready to close and fund.
Consumer has not selected interest rate and discount points, if any. Interest rate will fluctuate with markets. Required disclosure of standard closing costs and estimated monthly payment. Accurate drawing of improvements on the lot. Approval by the lender's underwriter containing conditions, such as the appraisal, title, review, survey review, etc.