I have followed your comments since your first post and I am deeply saddened to see how your loan process has gone. It can be complicated, but you shouldn’t have felt that you were kept out of the loop. First, I fund lots of new construction homes and I can assure you we can lock as far as 90 days out, longer is possible but it's expensive.
It sounds like the LO either moved to another company or was terminated so someone else picked up the ball and ran. Most of us LO are very conscientious and nurture our files from start to finish. The good news is you’re almost done and after a few months, when your celebrating the holidays with your family and friends, this will be a distant memory.
Best wishes to you and congratulations on your new home!
Sounds like a Loan Processer has the loan. This is the person who actually does the work of putting it all together and submitting your file.
In many big Lending Models the Loan Officer is an intake Agent. You deal with them upfront and they get the ball rolling but have little to do with the file/transaction after it’s turned over to processing. Sounds like they didn’t tell you how their system worked.
That's exactly what I'm thinking, a production assistant is a processor and definitely not a LLO. Sometimes an original processor is out for a few days, had vacation time set aside and someone else would take over rather than have your file sit. I don't think there's nothing to be overly concerned unless they have in the past showed you cause for concern.
Update: This morning, received a message from realtor and an email from my LO. (it is the same one - phew). Anyway, on Fri. we went into underwriting. Messages today from realtor and the lender were congratulations on our loan approval / with conditions. I am super excited inside, but now another blanket of fear has come over me that I wont be able to meet the conditions or there will be a problem. How worried should I be at this point? I can't believe we have gotten this far. I want to celebrate but know we are not done yet.
I don't believe so. The email from the realtor was a congrats on the approval and the lender was a congrats just said they will be in touch soon. The congrats milestone (video) said it was with conditions and then a reminder not to do anything crazy credit-wise, how to prepare utilities for our new home, etc. but I don't know what the conditions are. Assuming I will know more tomorrow.