No credit card required
Browse credit cards from a variety of issuers to see if there's a better card for you.
I've been working with a lender about getting my loan approved. and i'm a little confused what is going on. I got an email today saying that underwritting was not able to credit approve us. they are needing additional infor. Then they listed the conditions. which were only my signed tax returns, w2's and one additional pay stub. I have submitted alll the paperwork they required. They also had a note saying that there are additional conditions for final approval that they will tell us after we recieve credit approval. So are we approved after we submitt the paper work they are asking for.
i'm so confused during this part of the process. We are supposed to close in 3 days.
@Anonymous wrote:I've been working with a lender about getting my loan approved. and i'm a little confused what is going on. I got an email today saying that underwritting was not able to credit approve us. they are needing additional infor. Then they listed the conditions. which were only my signed tax returns, w2's and one additional pay stub. I have submitted alll the paperwork they required. They also had a note saying that there are additional conditions for final approval that they will tell us after we recieve credit approval. So are we approved after we submitt the paper work they are asking for.
i'm so confused during this part of the process. We are supposed to close in 3 days.
These are "suspense" conditions. Basically the UW is saying they do not have enough information to Approve or Decline the loan. Once you clear your suspense conditions the UW with conditionally approve the loan or turn it down.