I had my appraisal completed and email to me yesterday. I emailed my LO and he said that he would forward my loan file for underwriting yesterday (2/17/15) and that we'll get it back tomorrow (2/19/15) and then it will need to go to CalHFA for approval (which will take a few more days). He also mentioned to me that he has never gotten a loan denied by CalHFA after they've approved it, so I'm keeping my fingers crossed that I'll get the initial approval from my Lender. Anyhow, we are scheduled to close on 2/24/15...that's just days away. I'm hoping it wont extend our closing date...but I'm assuming it might. I emailed him back asking if i will incur more costs if my closing date was pushed back a few more days due to underwriting and he said no. Is this true? I thought i read somewhere that if my closing date changed, i would end up paying more. Please help!! I'm such a mess and this month has been the slowest month ever!!
