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Either more waiting or more proof and more letters.
They either take it or they dont. You are very very close.
Did they give you a time frame of when they should know something?
I am also in the same boat...submitted all the conditions to the loan processor last week Tuesday and then yesterday I wrote an email asking about the status. He got back to me today and said everything is in underwriting for approval. Said the turnaround time is 9-10 business days right now and we should know something by late next week.
I like that we were given a time frame so at least I'm not wondering every day...is today the day?
@Anonymous wrote:
We already went though initial Underwritting, and that took forever! I was told final UW would only take 48-72 hrs. That seems like forever!
What is the difference between "initial" and "final" underwriting? What did you have to do in the initital phase vs final.
My guess is loan processing and conditions, than that is followed by the UW signing off on it.