Loan Approved, But Not Done Yet—What Is Conditional Loan Approval?

Shouldn’t loan approval mean you’re done? Nope! Initial loan approval is ‘conditional.’ Here’s what conditions are and how to help your lender clear them so your loan can close.

Hi! I’m Julee Felsman, and I’m here to make home financing easy to understand—and to help you buy a home you love.

This video is part of a playlist I created to guide my clients step-by-step through the mortgage process, from accepted offer to closing day. Click here to watch the entire playlist:
   • Mortgage Process Step-by-Step, Pro Tips, a...  

But there’s more! Each video has a corresponding page on our website, with more information, additional resources, and FAQs. If you’re a client (thank you!), these resources are for you!

More about conditional approval and clearing loan conditions here: https://workshopmortgage.com/conditio...
Visit our home page: https://workshopmortgage.com

If you’re not a client (yet), let’s say “hi!” and talk through your situation.
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Julee Felsman, SVP of Mortgage Lending, NMLS 120831
Rate NMLS 2611 Equal Housing Lender
1300 SE Stark, Ste 111, Portland, OR 97214
www.nmlsconsumeraccess.org
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Information provided is for educational purposes only. It should not be construed as financial or legal advice or instruction. Rate does not guarantee or assume liability for the accuracy, completeness, or timelines of the information. You should conduct additional research before making any mortgage-related decisions. By refinancing, you may pay more in costs and interest over the extended term.