CJ Winchester    972-562-0096

Underwriting/Processing the Loan Application Depending on the type of loan and transaction, it may be possible to use Service First's Automated Underwriting System to immediately underwrite and approve your loan! This system allows Service First to expedite the approval by eliminating unnecessary paperwork, reducing the amount of documentation, and move to closing more quickly and efficiently! If your loan is not approved immediately, it will go directly to a Service First's Underwriter to determine exactly what additional documentation or criteria it will take to approve your loan. During the Underwriting/Processing of your loan, you can expect Service First to: Call you with an introduction and status of your loan Provide you with a Truth-In-Lending statement Order and evaluate your property appraisal Order and review the property title documents Make a final underwriting decision on your loan Confirm the date, time, and location of your loan closing Communicate with you and your real estate agents during the process Prepare and review the Settlement Statement (HUD-1) in advance of your closing Prepare your loan package for closing day and forward the loan to the Title Company/closing agent Loan Application Process | Underwriting/Processing | Closing the Mortgage Loan Application Checklist | What to Bring to Loan Closing | FAQ