Step 4: Clear conditions.
You may receive a conditional approval, which means that as long as specified conditions are met prior to close of escrow, your loan is approved. Conditions may be such as: Property must appraise for a certain value to support the loan amount; or title must be clear. You may have to provide proof of insurance, and the lender will verify that your financial situation remains unchanged from the date of your application. Prompt response to your lender will facilitate the process.