Your checklists (
0
)
AI Checklist Generator
From the makers of
Manifestly Checklists
Sign in
Email address
Email me a magic link
Home
> mortgage conditions after conditional approval
mortgage conditions after conditional approval
1. Documentation Requirements
Obtain a copy of your conditional approval letter.
Gather recent pay stubs (typically last 30 days).
Collect bank statements (last 2 months).
Provide tax returns (last 2 years).
Compile any additional documentation requested by the lender.
2. Property Appraisal
Schedule an appraisal with a licensed appraiser.
Confirm the appraisal is completed and submitted to the lender.
Review the appraisal report for accuracy and value.
Address any issues or discrepancies identified in the appraisal.
3. Underwriting Process
Follow up with your lender regarding any additional information needed for underwriting.
Be prepared to provide clarifications on your financial situation if requested.
Monitor the status of your loan application through the underwriting process.
4. Insurance Requirements
Obtain homeowner's insurance quotes from various providers.
Choose a policy that meets lender requirements and covers the property adequately.
Provide proof of insurance to your lender before closing.
5. Title Search and Title Insurance
Ensure a title search is conducted to verify ownership and identify any liens.
Obtain title insurance to protect against any future claims on the property.
Provide the title report to the lender.
6. Closing Preparations
Review the Closing Disclosure (CD) for accuracy and ensure all terms are correct.
Confirm the closing date and time with all parties involved.
Prepare necessary funds for closing (down payment, closing costs) and arrange for delivery.
Review all documents that will be signed at closing.
7. Final Steps
Conduct a final walk-through of the property before closing.
Confirm all conditions have been met as outlined in the conditional approval.
Attend closing and sign all required documents.
Obtain copies of all signed documents for your records.
Download CSV
Download JSON
Download Markdown
Use in Manifestly
Use in Manifestly