Pre-Funding Audits identify issues in a pending loan transaction that should be cured prior to closing.
Since expediency is essential to Pre-Funding Audits, we provide a 24 hour and a 48 hour option for the completion and return of audit results.
Pre-Funding processes include:
- An analysis of the income and liabilities to determine if the debt and the income figures utilized by the underwriter are accurate.
- A complete underwriting review.
- An appraisal desk review.
- In addition to the individual audit reports provided as each transaction is audited, trend analysis and other reports are provided on a monthly basis.