What Happens After I Get the Loan?
Once the necessary paperwork is in order, the lender will perform a final review of all the documents and issue a final loan approval. After final loan approval, you will need to physically meet with an escrow agent to sign the loan documents from the lender. Additionally, you will also need to meet the property seller to sign the transfer of the grant deed from the seller to you.
- What Is Loan Servicing?
- Which Servicing Companies Are Considered to Be the Best?
- What Happens if My Mortgage Is Sold to a New Owner and the Mortgage Servicer Changes?
- What Does Loan Servicing Include?
- What Are the Parties Involved in the Loan Servicing Process?
- What Type of Entities Are Mortgage Servicing Companies?
- Is There Any Difference Between a Bank and a Non-Bank Mortgage Servicer?
- What Are the Differences Between a Mortgage Lender and a Mortgage Servicer?
- How Do Mortgage Servicers Make Money?
- What Is a Small Servicer and Why Does It Matter?
- How Is the Quality of Mortgage Servicing Overall?