Step 1: Registering Your Loan
Step 2: Requesting Lender Prepared Loan Estimate
Step 3: Submitting Your Loan
Step 4: Requesting Underwriting Condition Review
Step 5: Requesting Closing Disclosures and Closing Docs
Step 6: Funding Your Loan
Key Tasks: Locking Your Loan; Ordering Appraisals
Uploading Submission Documents
After your initial Loan Estimate has been delivered, you can begin the submission process by uploading your loan documents under the Broker Upload folder as Doc Type, Loan Submission Package.
To learn how to upload, please read Uploading your Loan Docs.
Request Document Check and Loan Submission
When all submission documents have been uploaded, there are two options for requesting submission review, so choose either Option A or Option B listed below.
Note: We are not automatically notified when these documents are uploaded.
Option A: Submit to Document Check Button
Click the Submit to Document Check button on the E-Docs tab and confirm your submission request.
Option B: Resolve Submission Task
You can also request submission review by resolving the task, Submit: Loan Package Ready for Submission on the Tasks tab.
To learn how to resolve task, please read Resolving Tasks.
Submission Desk Will Review Your File
Your loan status will update to Document Check, which indicates that the Submission Desk will review your loan package before underwriting. Reviews are done based on our turn times.
If they encounter any issues or missing documents, our team will email Loan Officer and Processor. Your loan status will also change to Document Check Failed, which indicates that there are outstanding items required for submission.
Jumbo & Non-Agency Loans Require Additional Review
For Jumbo or Non-Agency submissions, a Loan Coordinator will ensure all program-specific income, asset, and documentation requirements are met prior to underwriting. The turn time for initial decisions is posted online, but does not begin until the loan status is In Underwriting.
Loan Will Be Submitted to Underwriting
Once all required submission documents have been reviewed and verified, your loan status will be updated to Submitted. The turn time for initial decisions is posted online and begins when the loan status is Submitted.
Next, our underwriting assistants will index your loan files to prepare for initial underwriting during Pre-Underwriting status. Our underwriter will review for initial decision when the loan is updated to In Underwriting. For more information about these loan statuses, read Defining Loan Status.
After the initial decision has been rendered, you are ready to start the condition review process, Step 4: Requesting Underwriting Condition Review.