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.
Loan approved by underwriter with exact conditions.
Conditions collected by loan officer and processor.
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.
Processor calls borrower for additional items needed.
Client turns in more documentation. File is sent to underwriter.
Underwriter approves file subject to additional conditions. Loan officer, processor, and agent look for missing conditions.
Underwriter clears final conditions and closer begins working on the file.
Loan package sent to attorney.
Client is still waiting. Loan is projected to close.
Mortgage Consultant direct: (630) 873-6342 firstname.lastname@example.org 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.