My loan officer at the bank emailed me and said she approved my loan and it is now in processing. Does that mean I got the loan for sure? I gave them all the required paperwork, income proof, etc. I just don't know how much I will have to put down and they only gave me an estimate saying they need to know the value of the property first. I am building a home and this is the construction loan part. What does all this mean? I emailed her and she hasn't responded yet so I am hoping to get answers here. I have waited so long for this and I am wondering what this processing involves.
Read more: What does it mean if your mortgage loan was approved and now is in processing?
