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  • Answer Upon - Five Smart Ways to Eliminate Signing and Funding Delays

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    eived and READ the Final Approval. Confirm that the terms meet your borrower’s expectations. Significant changes should be discussed w
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    Engineering a successful loan closing and funding may be the final opportunity to solidify a long-term relationship with a client. Clients are often forgiving to mishaps if the orignal financing goal has still been met. However, if closing blunders and funding delays arise you are most certain to get bad press forevermore. Your pre-closing and post-closing procedure should be just as thorough as the intial application process. Here are five smart ways to eliminate signing and funding delays:

    1. Make certain that you have received and READ the Final Approval. Confirm that the terms meet your borrower’s expectations. Significant changes should be discussed w

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    ents are often forgiving to mishaps if the orignal financing goal has still been met. However, if closing blunders and funding delays arise you are most certain to get bad press forevermore. Your pre-closing and post-closing procedure should be just as thorough as the intial application process. Here are five smart ways to eliminate signing and funding delays:

    1. Make certain that you have received and READ the Final Approval. Confirm that the terms meet your borrower’s expectations. Significant changes should be discussed w

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    arise you are most certain to get bad press forevermore. Your pre-closing and post-closing procedure should be just as thorough as the intial application process. Here are five smart ways to eliminate signing and funding delays:

    1. Make certain that you have received and READ the Final Approval. Confirm that the terms meet your borrower’s expectations. Significant changes should be discussed w

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    intial application process. Here are five smart ways to eliminate signing and funding delays:

    1. Make certain that you have received and READ the Final Approval. Confirm that the terms meet your borrower’s expectations. Significant changes should be discussed w

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    eived and READ the Final Approval. Confirm that the terms meet your borrower’s expectations. Significant changes should be discussed with your borrower in advance of closing. A surprise payment or interest rate could cause the deal to blow up. Determine if there are other conditions at signing/closing. If so, call to remind the borrower.

    2. Prepare or review the completed fee sheet/document request before the lender draws documents for signing. Don’t assume that someone sent it in or that it was done right. It is far more difficult to change things after the form has been returned to the lender. Know your lender’s turn around time for drawing documents t

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