The Loan Application

Step 1 is filling out a loan application. You have the option to complete the application either online or meet face-to-face with one of our loan officers. Once you’ve completed your application, the loan officer will go over your overall financial goals and your loan program options. Your options are determined by many variables, which include affordability, your income, your credit, and your assets.


Gathering Documentation

The loan officer has to accurately document your financial qualifications. For this, they will need you to provide some documentation that supports your income and assets:

  • Pay stubs
  • W-2s
  • Tax returns
  • Bank statements
  • Other documentation as needed



Once we get all the necessary documentation, we can proceed with the verification of your employment history and assets. This requires your credit report, the preliminary title report from the title company, and your property appraisal. Once we have this information, we will submit the file to the underwriter for approval.


The underwriter will ensure that your loan file meets the qualifying guidelines. The review process will often see the underwriter asking for additional documentation and/or clarification on various portions of the file, which are called “conditions.”


Loan Approval

Generally, there are 3 possible scenarios:

  • Your loan may be approved as submitted.
  • Your loan may be approved with conditions.
  • You may be asked to consider a counter-offer.

If your loan approval comes with conditions, your loan officer will work with you to meet these conditions.

Loan approval conditions may include explanation letters, copies of financial documents, divorce papers, or any number of items that clarify your qualifications for the loan.


Signing of Loan Documents

The necessary loan documents are prepared for closing once the loan conditions (if any) are met. The lender will get the necessary documents ready for signing. Your escrow officer, or attorney, will arrange for you to sign the loan papers as soon as they are ready.



Once all of the paperwork has been signed by you and the seller, the loan package is sent back to us for final review. To fund the loan, we will review the signed loan documents and confirm that all outstanding conditions have been satisfied. Once all conditions are met, your loan is funded!

Contact us About Your Loan Now!



Everyone deserves to own a home. We support homeowners in their journey towards home ownership, stability and personal wealth.  


Nation Wholesale Lending is dedicated to ongoing growth and education of our broker partners, and providing thoughtful and ethical direction to our borrowers. 


The market is unfortunately full of predatory and discriminatory lenders. Nation Wholesale Lending provides professional services without bias towards race, gender, sexual identity, economic disposition, or background.