At Residential Capital, we have a clear structured process so you always know where your loan stands from start to finish.
Broker
Approved
Complete our Broker Package to become an approved broker.
Loan
Submitted
You may submit your loan application electronically or manually.
See Submitting Loans for more info.
Conditional
Approval
You receive conditional approval from an underwriter within 24 hours.
You also receive PDF files of any required documents so you get everything you need upfront.
Conditions
Satisfied
Submit required documents to satisfy outstanding conditions.
You can upload documents directly from your computer, click
here for more info.
Document
Preparation
Loan documents can be sent for signing within 7 days of receiving a complete loan package, including a BPO and cleared preliminary title report.
Loan
Funded
After the signed documents have been approved, the loan is funded and commissions are sent via overnight the same day.
Loan
Servicing
Our Customer Service Specialist sends a Welcome Package to all new borrowers and contacts them to review
their loan.
Visit ResCapInfo.com to view our borrower resources.
