Last reviewed 08-20-2026Short-Sale.com Editorialglossary
FINANCING PROCESS
California Department of Real Estate
Updated 08-20-2026
FINANCING PROCESS
The systematic 5 step procedure followed by major institutional lenders in analyzing a proposed loan, which includes — filing of application by a borrower; lender’s analysis of borrower and property; processing of loan documentation; closing (paying) the loan; and servicing (collection and record keeping).
California Department of Real Estate Glossary
California Department of Real Estate · p. 15
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