When all the lender's conditions have been satisfied and funding is approved by the lender, the person who initiates the request for funding is

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 is an escrow activity, so after every lender condition is satisfied and funding is approved, the escrow officer is the one who requests the funds. They assemble the funding package, confirm payoffs and fees, and issue the funding or wiring instructions to the lender so the funds can be disbursed to close the loan. The loan officer originates and secures approval but does not initiate the actual funding disbursement. The processor handles document preparation and condition clearance, not funding instructions. The title officer deals with title clearance and title insurance, not funding.