At what point in mortgage process do you need down payment in hand?

The lenders' underwriter must confirm you have the funds to close in your possession before the final approval is released and loan doc's are drawn.. Typically, from final approval to closing is 5 to 7 business days.. and most lenders have 1 to 3 days to clear conditions.. so 6 to 10 business days before closing. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Good Afternoon,William is correct, it will have to be there before hand. I have several lenders that will send out the closing disclosure before having the funds, and will make sure that the funds are there before the closing can take place. With numerous programs out there, would you like to look at 0% and 1% down options, as I am right in the area. Please let me know.James SchneiderEagle Creek MortgagePhone : (240)252-2519Fax : (240) 597-5600Email : jschneider@eaglecrkmortgage.comPersonal Cell : (301)728-4959NMLS # : 907435