06-21-2012 08:04 AM
06-21-2012 08:05 AM
All this has been through email?
Have you called or gone to his office?
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06-21-2012 08:14 AM
06-21-2012 08:20 AM
I think you should go to the office, sacrifice some time, If this is important to you and you shouldn't let anyone mess it up for you for any reason.
06-21-2012 09:05 AM
I would tell him your pissed off at his lack of communication and you want to speak with his boss or you are going to find a new LO..
In the mean time, try to find out who his boss is and give him a piece of your mind.. That will spark this in to action..
06-21-2012 09:50 AM
Find out who is his manager is and contact them. Unfortunately with interest rates so low, lenders are backlogged, but that is no excuse for poor customer service or lack of communication from your LO. If you do not get a response from the manager by days end, you should probably go with another lender. Make sure you use a company that is local in your state. You probably have all the required documentation together, which will expedite approval, however you may want to extend your contract period just to be safe and not loose your earnest money deposit.
06-21-2012 01:27 PM
06-21-2012 06:57 PM
You are calculating your debt to your credit and not your actually income, correct? For example, if you have only one single credit card for $1000 and your balance on it is $100, then you have a 10% DTI, regardless of your income. The only other thing I can think of is if you have any collections (which I doubt with a high score like that!) When I was preapproved, I had one single medical collection from 6 years ago for $115 that they added into my debt to income ratio. I wasn't expecting them to, but I guess it IS DEBT to income, Lol! I'm so glad to hear that it's working out for you regardless of the discrepancies. Best of luck!
06-21-2012 07:32 PM
06-22-2012 06:10 AM
Is it possible you left out the PMI or HOA (if applicable) fees from the housing expense? Or did you calculate your payment based on the new UFMIP, if any?
BTW, I'm not doubting that you know the figures! Remember, there are all kinds of LO's - from excellent to far less than average It's possible your LO didn't complete the calculations correctly, but unfortunately those are the figures that will be used...