We have been in underwriting 2 days and our contract is set to close tomorrow. Sort of same boat. LO said that we are supposed to get results back today though.
OUr issue was my wife had a mortgage with her ex-bf that the ex-bf has been strictly paying on for the last 7 years and we have had to prove beyond a shadow of doubt that we were not paying on it. Took about 10 days to get the bank to get us those docs.
Fingers crossed and prayers said.
Same here! in u/w day four with a closing date of 7/30. 13 more days!!! be strong you guys! lol
Today is day four waiting for clear to close ... so you are not alone. Turnaround times with lenders are just atrocious these days.
Hey lenders in this forum ... can you share some insight on these crazy turnaround times?
Same boat here! Day 4 of underwriting today and radio silence! It's very hard to wait. I have however heard that "no news is good news" when it comes to these sorts of things, so I try to take comfort in that.
So we were supposed to hear back today and the LO just replied back with we are #10 in line and they have 11 underwriters. So I'm left with when does someone actually see this thing?
On a side note, we had 99.5% of all documentation to the mortgage company 10 days ago but the .5% was not faxed to us until 3 days ago. I wish they could have submitted everything 10 days ago and just put a clause in there or something.