We're in the same boat, srobin! File was sent to final underwriting on 11th at 5pm. Closing is supposed to be Oct 26th. (Our rate lock expires Oct 20th but loan officer says they can extend by a week.) We already had requests for paperwork and explanations, etc. and have not heard anything since the 11th. Trying to keep breathing but it's hard!!
----------------------------------------------------------
srobin wrote:
For those of you who may have read some of my other posts. I am getting close to the end of a long journy trying to rebuild my credit and purchase a home. I am scheduled to close on 10/27 but my lender still has not issued a final clear to close. They keep sending the file back for minor things. This last time was yet another bank statement, verification of a rental date I had in the past. The verification of prior addresses came back with a glitch the rental company had a date wrong, I had to sign a letter releasing my earnest money because it was a cash deposit. The money was some I received when my dad passed away earlier this summer. I could not produce a clear paper trail so the are refunding the earnest money. I will then bring this money to closing if needed.
My loan officer keeps telling me that we are going to close and it's just standard procedure. I have to give a notice at my apartments by the end of nex week because they require a 30 day notice. They have a waiting list for people looking for 3 bedrooms. If I give my notice and they promise my apartment to someone I have to move. My lease is up close to Thanksgiving.
This is a VA loan and my mortgage credit score was about 680. Would they not have told me by now if we were going to have a problem closing? I'm just getting very antsy and nervous. The have ordered the insurance binder and requested the termite inspection report, the appraisal is done etc.
