Mortgage Loan contained by CA Please Help?
Our loan officer was not completely honest with us. It started out next to one problem and turned into a nightmare. To make a long story short we were pre-approved for a 5.8% loan on a house that be $300,000. Documents were signed and contingencies were released. A week and a partially later the loan officer had us come subsidise in to sign more docs. he said nothing have changed just need more signatures. He didn't make available us a copy of the paper work he said he would drop the signed docs in the communication. After weeks of being mislead and 3 weeks LATE from closing escrow we find that the loan officer we were dealing near isn't FHA approved and he past us on to another loan officer. We got the docs backbone and now they are at 6.5%. We have be so mislead. My question is, since we have adjectives the paper work from this bank if we shop around and find a better rate how long does it commonly take to get approved?? We be already approved with this bank and by FHA. PLEASE HELP.
Answers:
Go beside a reputable mortgage bank, they approve you (underwrite) and wire the money (fund) at closing.
Related Questions:
Does anyone hold a MyCommunity mortgage or MCM loan?
If anyone does, I need some info about it. Did you own to put any money down? What about closing costs? Try State Farm Bank, either online or by calling any State Farm agent. I know they used to hold one when I processed...
Answers:
Go beside a reputable mortgage bank, they approve you (underwrite) and wire the money (fund) at closing.
Related Questions:
Does anyone hold a MyCommunity mortgage or MCM loan?
If anyone does, I need some info about it. Did you own to put any money down? What about closing costs? Try State Farm Bank, either online or by calling any State Farm agent. I know they used to hold one when I processed...