Borker just called, says loan came back from USDA (Guaranteed) approved, says waiting on QC, (quality control) to sign off. Says we should close later this week. Should I be worried about this QC (qulity control check)?
So have to wait for QC till Wednesday because of veterans day. So is there a chance this QC could still kill my loan for any reason.? I thought after it came back from USDA approved, I was safe!
It is a routine step. Nothing should stand in the way of your approval if everything was completed according to the lenders' protocol. Nothing to worry about at all.
Here is a link to an long but interesting read on best practices for establishing quality control procedures - it has more detail than you or I want to know!
