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Purchased a new home and waiting

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Anonymous
Not applicable

Purchased a new home and waiting

I recently purchased my first home February 23rd of 2015. Since i have purchased I have not received and update that i have a new loan. I am wondering how long does it take to show?

I purchased through waterstone mortgage and they sold the loan march 19th. US bank is my current financial institution. Should I contact them wait 90 days from US bank buying my loan out?

Would appreciate all feedbank and thank you!
Message 1 of 3
2 REPLIES 2
MarineVietVet
Moderator Emeritus

Re: Purchased a new home and waiting


@Anonymous wrote:
I recently purchased my first home February 23rd of 2015. Since i have purchased I have not received and update that i have a new loan. I am wondering how long does it take to show?

I purchased through waterstone mortgage and they sold the loan march 19th. US bank is my current financial institution. Should I contact them wait 90 days from US bank buying my loan out?

Would appreciate all feedbank and thank you!

Hello and welcome.

 

It's not unusual at all for it to take 2-3 months for a new mortgage to show up in your reports.

 

So hopefully you'll see something soon.

Message 2 of 3
RobertEG
Legendary Contributor

Re: Purchased a new home and waiting

If sale of a portion of their portgolio was immiment, they likely chose not to report last month

The new owner must add any new accounts to theri automated system, so I would not be surprised to see a bit more delay.......

Message 3 of 3
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