My hubby already got pre-approved. We signed contract on home, and now we are waiting. My hubby submitted contract to lender on 3/23/09 and submitted his paystubs etc... on 3/27/09
We are supposed to close on 4/30/09 How likely will we close then? I am just so eager to get this over with.
Does your contract specify a date for which you are to provide a loan commitment?
Regardless, if you loan officer is not responsive, I'd be looking elsewhere. You can't control how long UW will take, but the loan officer ignoring you is unacceptable.
I'm with them too, but my LO and his team have been awesome. Do you have any other contacts - not sure if they all work this way but from the start I was given contact information for 3 people and they are all part of a team. I've been in contact constantly with two of them. It's possible they know they have time to get you the commitment so those with more time constraints are pushed ahead of the line, but that doesn't excuse the LO ignoring your inquiry about the status. Sorry you are having this problem. I would reach out to someone else if you have another contact. Or rather pick up the phone and call. It's a lot easier to blow off an email...
Yes itsays 4/17/09 we are using well fargo
ask your loan officer.
this is not an issue of how quick an fha loan can close.... but, rather, an issue of how long it takes your lender to cram your file thru their system.
wells is slow