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What is a clear to close?
#1
A clear to close is when the mortgage lender has underwritten the mortgage loan application and the mortgage loan applicant has submitted all the mortgage loan conditions and the mortgage loan conditions have been signed off by the mortgage loan underwriter. The mortgage loan underwriter feels comfortable in issuing the clear to close and fund the mortgage loan. Attached is a recent blog I have written and posted on clear to close.

http://gustancho.com/clear-to-close/

 
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