Final Loan Approval
The lender is doing the bulk of the heavy lifting once the inspection is finalized. In general, once the appraisal comes back to the lender, the entire loan file goes into underwriting for final approval. You will be asked to provide a ton of additional forms at the last minute by the underwriters. Underwriters are the final gatekeepers in making sure the loan can be approved by the investor or Fannie Mae and Freddie Mac. They can only make that happen if the file is in order, the buyer has the capacity to purchase the home, and the home is in a lendable state.
Pro-tip!
Be available and get stuff to the lender as soon as possible. And you might be asked for the same document a couple of times. Just keep a file prepped so you can send it to whoever needs it when they need it.
