Items Tagged with 'conditional loan approval'

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  • What is a Conditional Loan Approval?

    If the lender can’t move quickly, the borrower will go elsewhere
    [Op-ed] Lenders are doing all they can to get borrowers into their pipelines faster. Speed is a requirement for both customer satisfaction (see J.D. Power & Associates) and to ensure high pull-through rates, which are essential for cutting the overall cost to originate. If the lender can’t move quickly enough, today’s borrowers will go elsewhere in search of home financing.
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