What to Expect

LOAN APPLICATION

• Borrower can apply online or meet with a Loan Officer face to face, or communicate through email, phone or fax.

• Customize loan products to meet individual needs.

• Maintain communication throughout the loan process to closing.

LOAN SET UP:

• Send required disclosures to client.

• Order residential appraisal.

• Send verification to applicable entities.

LOAN PROCESSING
The processor is your contact during all processing and compiling of information for loan submission. Email all information for loan processing to your processor.

UNDERWRITING

Evaluation of credit and property in determining adherence to Merit Lending guidelines.

CLOSING

• Merit Lending prepares Closing Disclosure, then provides final closing figures.

• Loan Officer will send prepared Closing Disclosure for borrower signature 3 days prior to closing.

• Merit Lending sends prepared docs to the title company.

POST CLOSING
Please feel free to call us for any assistance you may need after closing. Thank you for the opportunity to serve your mortgage needs.