How it Works
Refinance Process Flow
Milestones
Timeframe For Each Milestone
Search Completed
Title
Delivered
Clear
To Close
Closing
Disbursed
Recorded
Policy
Issued
Search Completed
Title
Delivered
Clear
To Close
Closing
Disbursed
Recorded
Policy
Issued
Department
High Level Description
Search
• Instant Title
Decisioning
• Search
Completed
• Tax Info Ordered
Title
• QC/review of
Title Commitment
• (liens, vesting and
legal description)
Curative
• Processing tasks to prepare for closing (payoffs, deeds prep, lien
clearance, etc.
Closing
• Coordination
with client on
scheduling, CD
balancing and
closing package
preparation
Post Closing
• Coordination on
funding approval
with lender
• Obtains missing
docs from borrower
• Disburses funds
Recording
• Processing of
documents to ensure recordation
with appropriate
jurisdiction
Policy
• Preparation and
QC of Final Title
Policy
Search
• Instant Title
Decisioning
• Search
Completed
• Tax Info Ordered
Title
• QC/review of
Title Commitment
• (liens, vesting and
legal description)
Curative
• Processing tasks to prepare for closing (payoffs, deeds prep, lien
clearance, etc.
Closing
• Coordination
with client on
scheduling, CD
balancing and
closing package
preparation
Post Closing
• Coordination on
funding approval
with lender
• Obtains missing
docs from borrower
• Disburses funds
Recording
• Processing of
documents to ensure recordation
with appropriate
jurisdiction
Policy
• Preparation and
QC of Final Title
Policy
Search
• Instant Title
Decisioning
• Search
Completed
• Tax Info Ordered
Title
• QC/review of
Title Commitment
• (liens, vesting and
legal description)
Curative
• Processing tasks to prepare for closing (payoffs, deeds prep, lien
clearance, etc.
Closing
• Coordination
with client on
scheduling, CD
balancing and
closing package
preparation
Post Closing
• Coordination on
funding approval
with lender
• Obtains missing
docs from borrower
• Disburses funds
Recording
• Processing of
documents to ensure recordation
with appropriate
jurisdiction
Policy
• Preparation and
QC of Final Title
Policy
