Conditional Approval vs. Final Underwriting Approval

JC_CONDITIONAL APPROVAL VS. FINAL UNDERWRITING APPROVALA conditional approval is issued after your loan has been reviewed by an underwriter and it has been determined that it meets the loan guidelines. The approval is considered “conditional” if the underwriter requests additional information prior to final approval of the loan. The requested information is usually supporting documentation for details provided on the loan application.

Upon underwriting review of the requested conditions, final loan approval is then issued when the underwriter is able to determine all loan requirements have been met. Once we have final approval we are able to send your loan documents to escrow for closing.


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