Insurance Lending Loan Conditions 
PennyMac
AUGUST 30, 2024
Loan Servicing Definition and Overview Loan servicing is the administrative process of managing and collecting payments on a loan after it has been originated. A loan service transfer is when your lender hands over the management of your loan to a new mortgage or servicing company.
PennyMac
MAY 24, 2022
When you apply for a mortgage loan, your application is reviewed by a team of underwriters who look through your documentation and information. Then, they decide if they’ll approve your loan and lend you the money. One application response you might see is a “conditional approval.” Showing assets statements.
Expert insights. Personalized for you.
36 
Let's personalize your content