PTD - Prior To Doc
The definition of mortgage term: Prior To Doc
Prior to Doc (PTD) or sometimes referred to as Prior to Documents are documents the underwriter requires before the loan documents can be ordered. They will communicate this with your loan officer who will work with you to make sure the documents are all in order for underwriting. Some examples of documents that might be requested are additional income or employment verification, appraisals, etc. It is important to work closely with your loan officer to get these in before your rate lock expires.
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