Three connected reviews
The borrower review addresses income, assets, credit and obligations. The property review can include appraisal, occupancy, insurance and eligibility. The transaction review addresses contract terms, funds, interested-party contributions and title.
A strength in one area does not erase an unresolved requirement in another.
Why conditions appear
Conditions often clarify a deposit, update an expiring document, document a liability or resolve a property question. They are not necessarily evidence that a file is failing.
- Provide complete pages and readable records
- Answer the exact request through the secure portal
- Explain material changes promptly
- Do not alter or annotate original financial documents
Protect final approval
Continue paying obligations, preserve needed funds and avoid employment or credit changes. Final verification can occur close to settlement, and a new obligation or reduced asset balance can change the decision.
Frequently asked questions
Is conditional approval the same as clear to close?
No. Conditional approval identifies remaining requirements. Clear to close generally comes only after required conditions and final checks are satisfied.
Why was a document requested twice?
An earlier copy may be incomplete, expired, altered, illegible or insufficient for a different requirement. Ask what specifically remains unresolved.
Claims in this guide were checked against the linked primary sources. Program guidelines can change; personal eligibility requires a complete application and review.