After all conditions are satisfied and funding is approved, who initiates the funding request?

Study for the California Escrow Exam. Dive into detailed content with flashcards and multiple choice questions, accompanied by explanations and hints. Ensure your success on test day!

Funding coordination in escrow closes is driven by the escrow officer. After all conditions are met and the lender has approved funding, the escrow officer prepares and issues the funding request to the lender. This step triggers the actual disbursement of funds from the lender into the escrow account so that all figures—payoffs, fees, and the seller’s proceeds—can be paid and recorded properly. The loan officer and lender’s processor are involved in getting the loan approved and the documents in order, but they don’t initiate the funding itself. The title officer focuses on title clearance and recording, not funding.