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Clear to Close Checklist All Loans Loan # Borrower: Processor: Credit Report Not Expired Credit scores meet guidelines; match in Attract, AUS and Lock Confirm that the box in Attract is checked Pay
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What is clear to close processing?
Clear to close processing is the final step in the mortgage approval process where all conditions have been satisfied and the loan is ready to close.
Who is required to file clear to close processing?
The lender or loan officer is required to file clear to close processing.
How to fill out clear to close processing?
To fill out clear to close processing, the lender or loan officer must review all documentation, verify information, and ensure all conditions are met.
What is the purpose of clear to close processing?
The purpose of clear to close processing is to ensure that all necessary steps have been completed and the loan is ready to close.
What information must be reported on clear to close processing?
Information such as final loan terms, closing date, and any outstanding conditions must be reported on clear to close processing.
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