Trigger
Status review needed
Starts when the borrower or team needs a progress update.
Playbook
Application status
Summarize what is missing, what is done, and what comes next so the borrower stays oriented.
Action
Summarize the file
Compile the current state and call out missing items.
Approval
Check the summary
Ensure the summary is accurate and current before it is sent.
Result
Clear next step
Success is fewer status questions and less confusion.
FAQ
Common questions
Overview
What does Application Status do?
It packages the application status workflow into a repeatable sequence.
Why it matters
Why it works
It keeps the story simple.
Best fit
When to use loan brokers playbook - application status?
Use it when the workflow will be reused often.