Licensed by the Office of Financial Regulation State of Florida Mortgage Lender License MLB 0702220
© 2010 Blue Marlin Mortgage
Licensed by the Office of Financial Regulation State of Florida Mortgage Lender License MLB 0702220
© 2010 Blue Marlin Mortgage
Loan Processing
Underwriting :
Once the processor has put together a complete package with all verifications and documentation, the file is sent email and overnight mail to the lender. The underwriter is responsible for determining whether the package is deemed an acceptable loan that meets the requirements for the loan program. If more information is needed, then the loan is put into "suspense" and the borrower is contacted to supply more information and/or documentation. If the loan is acceptable as submitted, the loan is put into an "approved" status.