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Do you think this will jeopardize our loan??

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cocomadd
Regular Contributor

Do you think this will jeopardize our loan??

Okay we applied for a USDA loan.

 

USDA was on hold due to government shutdown

 

Some of the documents may be required from us again because not everything is 100% clear USDA monies for FY14 is pending.

 

We may need to apply with another lender or resubmit.

 

I inadvertantly transfered the worng amount of money (too much money) into my savings account from my checking.

 

I forgot that an automatic payment was coming into my checking account.

 

The bank covered the 2 checking overdrafts which were a result of moving too much money to the Savings account.

 

Will they decline me if I have to re-apply or re-submit paperwork?

 

Thank you!

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DallasLoanGuy
Super Contributor

Re: Do you think this will jeopardize our loan??

likely not.

 

sounds plausible....

 

if you have a history of nsf.... it will make it harder.... but if you don't i think an loe will suffice.

 

Retired Lender
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