Credit Card Center Advertiser Disclosure

Posts: 9
Registered: ‎09-27-2012
0 Kudos

NY -file sent to USDA. chances of closing on time?

Offer made Oct 26 accepted the 30th (homepath property)
Inspection was delayed over two weeks due to Sandy hurricane and not being able to dewinterize home and get gas company in there. Everything has moved smoothly from that point.

We were due to close on the 21st but our processor had some delays and couldn't sent to USDA on time. She kept asking us for information at 4:45 by the time we got her anything it was past 5... Next day something else same story so 3 things that could have been done in one day had she asked for them all together were dragged out for one week. We informed our loan officer of this concern he got on top of it.

Our closing is now rescheduled for the ,28th and our file was sent to USDA (we assume from her wood it was going to be sent then but she hasn't answered our emailed question).

I spoke with a USDA guy I've been in contact with to assist us and he said their office turn around was 72hrs from the time the received it to the time the mortgage company receives it back.

How likely are the chances we can closer on the 28th. Everyone seems confident but out lawyer and us. If it doesn't happen on the 28th then is next year as Fannie mae will not close on any home on the 31st according to listing agent.

Think we can make it?
Posts: 9
Registered: ‎09-27-2012
0 Kudos

Re: NY -file sent to USDA. chances of closing on time?

file sent thursday*

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

† Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
‡ Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

* For complete information, see the terms and conditions on the credit card issuer’s website. Once you click apply for this card, you will be directed to the issuer’s website where you may review the terms and conditions of the card before applying. While myFICO always strives to present the most accurate information, we show a summary to help you choose a product, not the full legal terms - and before applying you should understand the full terms of products as stated by the issuer itself.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.