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Lending Made Easy

Our mission at The Spring Mortgage Team is to be your best resource for financial advice. Whether you are a buyer, seller, or investor, our team of professionals can answer any questions you might have about the lending process. Subscribe to this blog to get the latest news on loans for purchase, refinance, construction or cashout of residential and commercial property.

Friday, September 23, 2016

The Role of a Home Loan Processor



As your processor, my job is to package your loan for the underwriting. I'll reveal all the documents you've already sent to your loan officer and I'll request anything else we might be missing so we can be sure we have all necessary documents.



It's very important to know who your insurance agent is.

Next, I'll order all of our third party things like verification of employment, tax transcripts, title, appraisal, and insurance. It's very important that you know who your insurance agent is early on! We can help with that if you need some referrals.


The next step is to send it to underwriting, which only takes a couple of days. Sometimes that review goes perfectly and we don't need anything else, but there may be follow-up questions or more documents that we need.

I'm always here to help! If you have any questions, please don't hesitate to give us a call or send us an email.