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Will this affect my outcome?

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Chbraswell
Regular Contributor

Will this affect my outcome?

Okay so I have been going through major ups and downs during this process.  About two weeks ago I received a denial because the house has a powerline town in the back and they felt that the resale would be an issue, but other than that my financials where okay. So I have a new house and they need new bankstatments, but the last one has some NSF fees on it because I miscalculated dates to pay bills and they came out right before the money went it. My account is cured and I have sent an updated current bank view, but I wanted to know if that could cause an issue in u/w?  The objects where paid, I just didnt have enough funds in the account.

Beginning:Explus 630 eq 573 tu 593
Current: EXplus:677 Eq 642 TU 727
Goal: Explus 700 eq 700 tu 800

Merrick: 1550 Capital One:1150 Barclay: 2000 Walmart: 300 Chase Freedom: 500
Message 1 of 5
4 REPLIES 4
ShanetheMortgageMan
Super Contributor

Re: Will this affect my outcome?

If it's just an isolated NSF, then shouldn't be an issue.

Free Mortgage Advice & Pre-Approvals (FHA, VA, USDA, Fannie, Freddie, Non-Prime, Construction, Renovation/Rehab, Commercial) since 2002
Located in Southern California and lending in all 50 states
Message 2 of 5
Chbraswell
Regular Contributor

Re: Will this affect my outcome?

Well the payment caused 3 NSFs, but it was all in the same day.

Beginning:Explus 630 eq 573 tu 593
Current: EXplus:677 Eq 642 TU 727
Goal: Explus 700 eq 700 tu 800

Merrick: 1550 Capital One:1150 Barclay: 2000 Walmart: 300 Chase Freedom: 500
Message 3 of 5
ShanetheMortgageMan
Super Contributor

Re: Will this affect my outcome?

Still probably not an issue.  Just be prepared with a detailed explanation and a sentence or two on how you will be preventing it from happening in the future.

Free Mortgage Advice & Pre-Approvals (FHA, VA, USDA, Fannie, Freddie, Non-Prime, Construction, Renovation/Rehab, Commercial) since 2002
Located in Southern California and lending in all 50 states
Message 4 of 5
Chbraswell
Regular Contributor

Re: Will this affect my outcome?

awesome!! thanks!

Beginning:Explus 630 eq 573 tu 593
Current: EXplus:677 Eq 642 TU 727
Goal: Explus 700 eq 700 tu 800

Merrick: 1550 Capital One:1150 Barclay: 2000 Walmart: 300 Chase Freedom: 500
Message 5 of 5
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