1. CUSTOMER BANK Application & Documents DocumentationBank
Records Documents Reviewed and adds new records Record Checks Under
-writer Bank Reserves Checking of amount Takes out therequired
amount Asks the underwriter to check Checks the documents Bank is
informed if the loan is approved or not Escrow Company Documents
are drawn Funding Check is issued Transaction is Closed Signing of
documents STEP 8 STEP 7 DFDOFMORTGAGE PROCESS