suspend, or deny it. However, mortgage lenders only have so many underwriters available, and surely the number of loans in the pipeline will exceed the number of staff. As such, much of the time might be waiting in the queue until a pair of eyeballs actually look over your loan. ...
letter Customer accepts or rejects terms Customer provides documentation to support their application Bank verifies all information from the borrower and third parties Approve/defer/decline application The Lender obtains a history of property ownership (also known as chain of title ) and evidence that ...