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CAN I APPLY FOR A SECOND LENDER WHILE MY FILE SEATS IN UNDERWRITING???

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Julesny
Established Member

CAN I APPLY FOR A SECOND LENDER WHILE MY FILE SEATS IN UNDERWRITING???

My file is underwrting
For a week already....
Going crazy without answers
They asked for extra info if I had extra income
I sent info the same day with with proof
Haven't heard anything yet. It has been more then 48 hours after I sent the extra info!!!
I want to apply for a FULL APPROVAL from another lender to save my side, can I do that????
Please any info will be great
Thanks
Message 1 of 4
3 REPLIES 3
guiness56
Epic Contributor

Re: CAN I APPLY FOR A SECOND LENDER WHILE MY FILE SEATS IN UNDERWRITING???

I don't know but this would probably get more responses in the mortgage thread.

Message 2 of 4
Julesny
Established Member

Re: CAN I APPLY FOR A SECOND LENDER WHILE MY FILE SEATS IN UNDERWRITING???

Thanks a lot guimess56
Message 3 of 4
Anonymous
Not applicable

Re: CAN I APPLY FOR A SECOND LENDER WHILE MY FILE SEATS IN UNDERWRITING???

Yes you can. Feeling comfortable with your lender, and really the person handling your loan is extremely important. Someone who knows their business should make it extremely smooth for you. I am not sure what the extra info that was needed to be able to answer fully.. but absolutely you can apply elsewhere. Different companies have different underwriting timeframes... for instance, my company has a 24 hour or less underwrite. Regardless though, someone should be able to tell you upfront whether it works or not. Someone who knows their business, can calculate things, etc.. its really not rocket science. Inbox me if you have anymore questions, etc. 

Message 4 of 4
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