Loan Road Map: Stop #8 Final Approval
After the home inspection and appraisal are received back, the loan goes back to underwriting one last time. The underwriter wants to make sure the loan amount aligns with the correct value of the house to be purchased.
If all the documentation is accepted, you will receive the clear to close!
To read about Stop #7, click here.
To learn about Stop #6, click here.
To read about Stop #5, click here.
To learn more about Stop #4, click here.
To learn about Stop #3, click here.
To catch up on Stop #2, click here.
To read about Stop #1, click here.