Tag Archive for: wet funding

Wet Funding vs Dry Funding States – Why It Matters

DRY FUNDING For most purchases in California, the loan is not immediately ready to fund after a borrower signs their loan documents. The “funding package” (signed loan documents and escrow […]Read More

Funding Process Explained; Why Wet/Table Funding Isn’t Favorable

For most purchases in California, the loan is not immediately ready to fund after a borrower signs their loan documents. The “funding package” (signed loan documents and escrow conditions) needs to go back to the lender so a designated “funder” can review the package to make sure everything is signed properly and all conditions are adequately satisfied.Read More