Who makes the final decision on loan approval?
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Asked By: Johnny Kub
Date created: Mon, Apr 19, 2021 2:30 PM
Date updated: Sat, Jun 25, 2022 10:00 PM
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Top best answers to the question «Who makes the final decision on loan approval»
When all needs have been satisfied, the underwriter will give a final approval and "clear to close." This means all conditions have been met, and it alerts the loan officer to schedule your closing. You are fully approved and ready to take on homeownership!