📬 What to Expect After You Apply
- Instant Approval: If approved automatically, you’ll receive an email from United Midwest Savings Bank within minutes.
- Manual Review: If an underwriter needs to review your application, there may be a short delay. Once approved, you'll still get an email.
- Denied Applications: If not approved, you'll receive a letter by mail.
We can view the application status during business hours — just give us a call. However, we do not see the reason for any denials due to privacy regulations.
🖊️ Final Steps After Approval
Once approved:
- We confirm your details and generate your DocuSign documents.
- You’ll receive the paperwork via email for electronic signature.
- Once you sign, we’ll complete our portion and submit everything.
- If all documents and ID are submitted by 3:00 PM, we typically receive the funding notice by 6:00 PM.
- At that point, we’ll proceed with delivery ticket scheduling for your order.
🔓 No Prepayment Penalty
Good news! Florida does not charge a prepayment penalty, so you can pay off your loan early to save on interest without any extra fees.
⚠️ Missed or late payments will trigger interest charges. While you’ll see interest amounts on your monthly statement, they only apply if you fall behind on payments.
