Within 24 hours of signing, we will issue your Final Disclosure, which will be uploaded to your application. It will indicate the date we intend to fund your loan. On this date, we will send the funds to your servicer, via ACH, Wire, or USPS regular mail to pay off your loans. Sometimes it takes another 7-15 business days for them to apply the amounts to your loans. I encourage you to contact them on the 18th day from the funding date to ensure that they received the funds applied these amounts correctly.
You will receive a welcome packet from our servicing partner, MOHELA within 2 weeks of your funding date. This packet will include your first payment date, which is approximately 30-45 days after your funding date.