FAQ
What Is a Clear-to-Close (CTC) and What Happens Next?
Clear-to-close (CTC) is the mortgage process milestone where the underwriter has reviewed all documentation and conditions and has approved the loan for closing. No further documentation is required from the borrower.
Details
The Full Answer
- All underwriting conditions have been satisfied
- The loan has been approved by the underwriter
- Closing docs can be ordered
- The three-day Closing Disclosure review period begins
- Settlement date is confirmed
CTC's Role
How CTC Processing Handles This
Reaching clear-to-close is CTC Processing's primary goal on every file. When CTC is issued, the processor has done their job. The closing coordinator and title company take it from there.
Have more questions?
CTC Processing works with Colorado loan officers. Call 970-222-2615 or email ctcprocessingllc@gmail.com.
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