Congratulations — You're Conditionally Approved!
This is a major milestone in your home-buying journey. Underwriting has reviewed your file and issued a conditional approval. You're well on your way to closing.
What This Means
A conditional approval means that an underwriter has thoroughly reviewed your loan application — your income, assets, credit, and the property details — and has determined that the file meets financing requirements so far, subject to a few remaining conditions being met.
Think of it as a strong “yes, pending final verification.” This is one of the most significant steps in the mortgage process, and you should feel great about reaching this point.
What's Next
- 1
Review your conditions list
We’ll send you a detailed list of any outstanding conditions. Review it carefully so you know exactly what’s needed.
- 2
Gather and submit remaining documents
Collect the requested items and upload them as soon as possible. The faster we receive everything, the sooner we can move forward.
- 3
Clear to Close
Once all conditions are satisfied, we’ll submit your file back to underwriting and request a “Clear to Close” — the final green light.
- 4
Final Closing Disclosure review
You’ll receive your Closing Disclosure at least three business days before closing. Review it carefully and let us know if you have questions.
- 5
Closing day!
Sign your documents, receive your keys, and officially become a homeowner. We’ll be with you every step of the way.
Common Conditions
Every file is different, but here are some of the most frequently requested items at this stage:
- Most recent pay stubs (typically covering the last 30 days)
- Updated bank statements (most recent one or two months)
- Letter of explanation for specific credit or employment inquiries
- Additional documentation such as tax transcripts, VOE, or gift letter verification
Your specific conditions list will be provided separately. If you have questions about any item, don't hesitate to call us.
Important Reminders
While your loan is conditionally approved, it's critical that you avoid making any major financial changes. The underwriter may re-verify your information before closing.
Don’t change jobs or employment status
Don’t open new credit cards or loans
Don’t make large purchases (cars, furniture, appliances)
Don’t move money between accounts without a documented paper trail
Upload Your Remaining Documents
The sooner we receive your remaining conditions, the sooner we can get you to “Clear to Close.” Upload securely or call us with any questions.
Abel Medero, NMLS #1010813. VMA Lending, LLC, NMLS #2734596. Licensed mortgage broker, State of Florida. This is not a commitment to lend. All loan programs are subject to borrower and property qualifications. Rates, terms, and conditions are subject to change without notice. Equal Housing Opportunity.