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Movement Mortgage is Different
HOW WE DO BUSINESS
Movement Mortgage
Day 1:		 Application taken and upfront items received electronically (W-2, Pay Stubs, 	
		 etc.). File electronically submitted to underwriter with credit times.
Day 2:		 Loan approved by underwriter with conditions.
Day 2-10:	 Conditions collected by loan officer and processor.
Day 11:		 File cleared to close. Package out three days prior to closing.
Our Competitors
Day 1-2:		 Loan officer takes application, runs automated underwrite, and sends approval 	
		 to the REALTOR®. Loan officer sends loan package with a request for more 	
		information.
Day 9:	 	 Loan officer receives loan package and sends to processing.
Day 14:	 	 Processor calls borrower for additional items needed.
Day 18:	 	 Client turns in more documentation. File is sent to underwriter.
Day 21-22: 	 Underwriter approves file subject to additional conditions. Loan officer, 		
		 processor, and agent look for missing conditions.
Day 26-27: 	 Underwriter clears final conditions and closer begins working on the file.
Day 29: 	 Loan package sent to attorney.
Day 30-45: 	 Client is still waiting. Loan is projected to close.
M3487 031820
egagtroMlaitnediseRainrofilaCehtrednuthgisrevOssenisuBfotnemtrapeDAC“,445819#ZA,200501#RA,22012#LA,97193KA#KAybdesnecilsiCLL,egagtroMtnemevoM.9941-413-778|)gro.sseccaremusnocslmn.www(97193#DISLMN.redneLgnisuoHlauqEnasiCLL,egagtroMtnemevoM
#YK,8546200.LS#”ynapmoCegagtroMdesneciLsasnaK“,3200-3102#AI,12181#NI,8980676.BM#"eesneciLegagtroMlaitnediseRsionillI",7208-LBM#DI,20032#AG,002DLM#LF,97193BLM#CD,446210#ED,97193-LM#TC,"etatsElaeRfonoisiviDybdetalugeROC",4501314#”tcAgnidneL
-reknaBegagtroMdesneciL“,915201BM#DN,076241-L#CN,"ecnarusnIdnagniknaBfotnemtrapeDJN“,1043/2043#VN,6902-31#OM,97193#"ecnaniFremusnoCdnagniknaBfotpeDippississiM“,97193-OM-NM#NM,2318100LF#IM,97193CM#redneL&reknaBAM,49091#DM,AL,66058CM
tuohtiwegnahcottcejbuserastcudorpdnasetartseretnI.97193#IWdna,02023-LM/91023-BM#VW,97193-LC#AW,2115-CM#AV,XT,847211#NT,70050.LM#DS,97193-SLM#CS,47343#AP,1805-LM#RO,646200LM#KO,000.781408.BM&000.229105.MS#HO,799005B#“tpeDgniknaBSYN
.25432AV,hcaeBainigriV,riCkwahaeS148.ynapmocytilibaildetimilerawaleDa,CLL,egagtroMtnemevoMehtfokramedartderetsigerasi”egagtroMtnemevoM“.stifenebllarofgnisolctayfilauqtsumsreworroB.ni-kcolrotnemtimmocnaolfoemitehttaelbaliavaebtonyamroyamdnaeciton
339DC16B-D

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How We Do Business

  • 1. Movement Mortgage is Different HOW WE DO BUSINESS Movement Mortgage Day 1: Application taken and upfront items received electronically (W-2, Pay Stubs, etc.). File electronically submitted to underwriter with credit times. Day 2: Loan approved by underwriter with conditions. Day 2-10: Conditions collected by loan officer and processor. Day 11: File cleared to close. Package out three days prior to closing. Our Competitors Day 1-2: Loan officer takes application, runs automated underwrite, and sends approval to the REALTOR®. Loan officer sends loan package with a request for more information. Day 9: Loan officer receives loan package and sends to processing. Day 14: Processor calls borrower for additional items needed. Day 18: Client turns in more documentation. File is sent to underwriter. Day 21-22: Underwriter approves file subject to additional conditions. Loan officer, processor, and agent look for missing conditions. Day 26-27: Underwriter clears final conditions and closer begins working on the file. Day 29: Loan package sent to attorney. Day 30-45: Client is still waiting. Loan is projected to close. M3487 031820 egagtroMlaitnediseRainrofilaCehtrednuthgisrevOssenisuBfotnemtrapeDAC“,445819#ZA,200501#RA,22012#LA,97193KA#KAybdesnecilsiCLL,egagtroMtnemevoM.9941-413-778|)gro.sseccaremusnocslmn.www(97193#DISLMN.redneLgnisuoHlauqEnasiCLL,egagtroMtnemevoM #YK,8546200.LS#”ynapmoCegagtroMdesneciLsasnaK“,3200-3102#AI,12181#NI,8980676.BM#"eesneciLegagtroMlaitnediseRsionillI",7208-LBM#DI,20032#AG,002DLM#LF,97193BLM#CD,446210#ED,97193-LM#TC,"etatsElaeRfonoisiviDybdetalugeROC",4501314#”tcAgnidneL -reknaBegagtroMdesneciL“,915201BM#DN,076241-L#CN,"ecnarusnIdnagniknaBfotnemtrapeDJN“,1043/2043#VN,6902-31#OM,97193#"ecnaniFremusnoCdnagniknaBfotpeDippississiM“,97193-OM-NM#NM,2318100LF#IM,97193CM#redneL&reknaBAM,49091#DM,AL,66058CM tuohtiwegnahcottcejbuserastcudorpdnasetartseretnI.97193#IWdna,02023-LM/91023-BM#VW,97193-LC#AW,2115-CM#AV,XT,847211#NT,70050.LM#DS,97193-SLM#CS,47343#AP,1805-LM#RO,646200LM#KO,000.781408.BM&000.229105.MS#HO,799005B#“tpeDgniknaBSYN .25432AV,hcaeBainigriV,riCkwahaeS148.ynapmocytilibaildetimilerawaleDa,CLL,egagtroMtnemevoMehtfokramedartderetsigerasi”egagtroMtnemevoM“.stifenebllarofgnisolctayfilauqtsumsreworroB.ni-kcolrotnemtimmocnaolfoemitehttaelbaliavaebtonyamroyamdnaeciton 339DC16B-D