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Movement Mortgage is Different

HOW WE DO BUSINESS Movement Mortgage Day 1:

Application taken and upfront items received electronically (W-2, Pay Stubs, etc.). File electronically submitted to underwriter with credit times.

Day 2:

Loan approved by underwriter with exact conditions.

Day 2-10:

Conditions collected by loan officer and processor.

Day 11:

File cleared to close. Package out three days prior to closing.

Our Competitors Day 1-2: Loan officer takes application, runs automated underwrite, and sends approval to the REALTOR®. Loan officer sends loan package with a request for more information. Day 9:

Loan officer receives loan package and sends to processing.

Day 14:

Processor calls borrower for additional items needed.

Day 18:

Client turns in more documentation. File is sent to underwriter.

Day 21-22:

Underwriter approves file subject to additional conditions. Loan officer, processor, and agent look for missing conditions.

Day 26-27:

Underwriter clears final conditions and closer begins working on the file.

Day 29:

Loan package sent to attorney.

Day 30-45:

Client is still waiting. Loan is projected to close.

DENNIS PAPIERNIK

Mortgage Consultant direct: (630) 873-6342 dennis.papiernik@movementmortgage.com www.dennispapiernik.com NMLS: 197162 www.movementmortgage.com

REAL ESTATE AGENT

Zip Realty Realtor Office: 630.123.1234 Cell: 630.123.1235 TopProducer@Realestate.com www.topproducer.com

Movement Mortgage, LLC is an Equal Housing Lender. NMLS # 39179 | 877-314-1499. Movement Mortgage, LLC is a "Illinois Residential Mortgage Licensee" by the "Illinois Division of Banking" Lic # MB.6760898. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits. “Movement Mortgage” is a registered trademark of the Movement Mortgage, LLC, a Delaware limited liability company.

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