One of the most frustrating things you will deal with is having a loan approved with conditions. What does that even mean? Should you release contingencies or not? When you apply for a loan, you first go through some sort of automated underwriting decision logic. This is when you mortgage banker or broker is inputting all of your information into a system and the system gives a yay or nay answer along with some rates, mortgage insurance, points and downpayment requirements.
Your loan is approved with conditions, yay! Before you drown in Pinterest boards of your future kick ass space. You still need to work with the loan processing team at your lender to get your final loan approval. Loan conditions vary from loan to loan and lender to lender, it really depends on your loan application and what information they may be looking for.