It's all very normal. Your Loan Officer is the first set of eyes that makes contact with your loan file. This is where an experienced LO can be a shining star or a failure. If the LO doesn't spot the holes in your file, then they rely on the Loan Processor. If the Processor misses some things, then the Underwriter has to call it out in the form of conditions. Since most UW's have a Team Lead, that person will usually give your file a once over before signing off, and generally they find things the UW missed. It's all very normal. The better Team you have, the smoother the process goes. Congratulations on your new home and I hope you get your keys on Tuesday.
Thank you for the reassurance. I have felt confident in my loan team so far. Although it has been a stressful process, I expected it to be worse having heard others stories. I haven’t even given my landlord notice yet, because I am constantly stressing about the next step! Keeping my fingers crossed, so I that breathe easier come Monday!
Hi Idawyomom! I just closed escrow this last Friday, and I too, was very stressed. Similar to you, everything went incredibly smooth (as I too, had been told by various people of their horror stories) yet, I was always on edge. My LO wold tell me that I wouldn’t be normal if I wasn’t stressed over the loan process. So, I just want you to know what you are feeling, we all went through and certainly can empathize. My best wishes!