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[Anonymous]

Hello,

On July 15th I applied for membership and a savings account and was approved the same day.

I also applied to refinance my vehicle same day July 15th. Woke up July 16th to a secured msg asking about add ons like extended warranty and gap being added. I responded. I also had a docusign email from them requesting checkstubs and payoff letter. Did all that. It also stated a list of items they would need should the application be approved. I decided to go on and submit it all anyway. Except for one document that needed notarized. Since it will take time to get it scheduled and done. Figured I would wait for the approval as it stated it would be needed after approval.

I noticed that same day July 16th that my application went from a pending to referred status and it said I should hear a final decision within 48 hours .

It is now the 21st and the status is still referred with no updates. I did send a email yesterday to make sure i provided everything they needed. Have not heard anything back.

Is it normal for it to take so long to process with them?

They did send me a score disclosure and it said they pulled 648 with my application. 

Thanks for any feedback! 

[Anonymous]

Update-

Just received a email that it is 48 business hours and that my application is with underwriting.

Hopeful that is a good sign.

Stats-

They pulled ex version 2. My score was 648. They go up to 125% LTV ratio.

I asked to refinance @Anonymous months w/gap. Owe $16,445.  Value said $14, 475

Currently with bridgecrest at a 29% interest rate. 

On my credit profile is 3 yr old discharged chapter 7.

I have prior paid off auto loan before bankruptcy. 

Auto loan that was included in bankruptcy IIB

Auto loan that was paid off post bankruptcy. ( I traded in my vehicle that I got after bankruptcy a year and half later and the same company provided me a loan on my new vehicle)

Current open auto loan (related to above)

Current open auto loan (that I am applying for the refinance)

I have several closed paid off accounts from before my bankruptcy and a few personal loans after.

I have 3 credit cards reporting a 0 utilization. $17/$6000 limits.

No collections/chargeoffs.

6 inquiries 

I do have a 30 day late from 7 months ago. From when I moved and didn't recieve billing on a new payment. Currently disputing and goodwilling this.

Income is $120,000

DTI is low not sure exactly but overall payments on credit report is $1400 monthly.

Monthly home payment is $1000

[Anonymous]

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