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Underwriter & my clear to close...

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Anonymous
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Underwriter & my clear to close...

My lo told me today that the uw is with the "big guy" and we will definitely hear back today...didn't hear back is this potentially a bad thing?
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Anonymous
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Re: Underwriter & my clear to close...

No.  Lenders often lie or misspeak when telling you they are "working on your file right now" or that you will hear back from them ASAP.  

 

The one thing you have to keep in mind is the only person who this process is urgent for is YOU.  Lenders just don't seem to care about timelines or keeping their customers informed.  They will get to it when they get to it.

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