Posts: 84
Registered: ‎04-03-2012
Re: Having to start over... Devastated!
We honestly thought 'pre approval' was working with their preferred lender as we were doing. Our scores were not high enough at the beginning of our build. We continued to pay off items, have collection items deleted, etc for 5 months. We concentrated on improving our scores. We were in the 400's 11 months ago and today we're in the 600's. we had no idea pre approval was the process of going through underwritting- we thought that was the actual loan approval.
I feel so dumb now because this is all coming out now- after the fact.