Approval Process

What to expect during the loan process for a purchase or refinance:

  1. Choose your rate and term
  2. Lock in your interest rate
  3. Sign documents provided by your Loan Officer
  4. Provide requested items to your Loan Officer for your loan submission
  5. Your loan officer will review your paperwork and your loan will be submitted to the lender
  6. Once the lender approves your application, we will order an appraisal and the appraisal company will setup a time with you or the listing contact to go to the property and do a complete review of the home
  7. The Lender’s underwriting team will review your loan submission
  8. The Underwriter send us a conditional approval
  9. We will satisfy as many conditions as possible and will order tax transcripts from the IRS, Insurance Verification, Title Work and Payoffs
  10. We will contact you to request any additional items the lender has requested
  11. Your conditions will be re-submitted to the lender
  12. The Lender’s Underwriter will review the conditions provided
  13. After all conditions have been met,  the lender will conduct a verification of employment for all borrowers whose income is being used to obtain the loan
  14. The lender will issue a clear to close (CTC)
  15. Age In Place Mortgage Company will contact you and your Colorado Title Company closing agent to set up a closing time and location
  16. At closing, you will be asked to bring necessary items and will sign your loan documents

Lynn Chase is a licensed Colorado Mortgage Loan Originator (number 100014632) and Nationwide Mortgage Licensing System number 1651156.

Lynn is the founder and broker-owner of The Commercial Loan Arranger, LLC,  licensed by the State of Colorado, and is doing business under the registered trade name of the Age In Place Mortgage Company. The company Nationwide Mortgage Licensing System number NMLS #1790945

The company headquarters is located at 913 Dancing Horse Drive, Colorado Springs, Colorado 80919, and Lynn can be reached at (719) 302-5508 or

© Copywrite by Professor Lynn Chase