Our mortgage broker is hoping to find us a new lender. He was actually an employee of Allied and is basically unemployed at this point until he can find another company to work with. So, the good news for us is that since he's found a new lender to work with they (both him and the new lender) are hoping to use our loan as an example of a how a cleanly documented, smooth and fast closing loan can go between the two parties... I'm sure there may be some growing pains but this is the only good thing that I can come up with that has come out of this debacle.
Our house is still under construction and is slated for completion (Certificate of Occupancy received) next week. We are praying that we can close by Black Friday to get great pricing on appliances and use the funds from our savings account but aren't sure if that's even possible at this point. We don't want to have to touch our savings account to buy the appliances until after we close just so that our bank statement remains the same as it has been thru the loan process. I'm thinking we may have to float the cost of the appliances, so that we can make the purchases on Black Friday, using a credit card that won't post a new statement (and therefore the higher balance won't report) until the middle of December, which of course we would hope to be closed by then.
Sorry for the long winded reply but it helps me get the frustrations off my chest.
