World Conflicts
2h
209
Peaceful Protest Hasn’t Worked and Has Been Met With Aggression.
Tech Industry
3h
712
Microsoft verbal offer. Did I mess it up?
Personal Finance
Yesterday
1668
Thank you AAPL and NVDA
World Conflicts
Yesterday
631
Is "From the River to the Sea" So Wrong?
Personal Finance
Yesterday
577
Biden wants to raise capital gains tax to 40%
We are in contract and I chose a lender based on reviews and also their low interest rate. However, it’s been difficult to get a hold of them and get them to clarify any questions I have. Has anyone faced this? What steps can I take? I have a pre approval from another bank where the loan officer is constantly contacting me and am pretty sure they’ll be very responsive if i go with them. But am concerned about shifting the lender mid contract and risk the closing date (the other loan officer has confirmed that closing should not be an issue as I’m already approved). Kinda in a fix! Any advice?#mortgage
ask for another contact on your loan officers team ( processor/ loan officer assistant/ manager ) that you can communicate with ....email your questions to all people that are on their team ( as many times the support people will know more about your file than the loan officer will ) if you change lenders at this point - depending on the closing date - you may not leave them enough time to close
Just to update - I sent an email expressing my disappointment with the communication. It’s been surprisingly very quick after that. I’ll stick to this agent for now despite the many complications. Just prefer peace of mind in this process! Thanks all
I’ve had to deal with a lot of lenders who are slow to respond, there’s no excuse for not being responsive. It’s ALWAYS a bad sign. Definitely have a back up plan to make sure you can fund on time. Sorry you’re dealing with this.
Thank you so much 😊 Since I have an underwritten pre approval , am hoping the process will be faster. Should be done with appraisal tomo. Will have 20 days left 🤞
Yes 🤞get a full loan commitment once the appraisal is approved. There shouldn’t be any outstanding conditions remaining.
Choose another lender if it really bothers you, that’s what I did. If you’re very concerned, you may just have to suck it up until close
Ya I’m unfortunately inclined towards sucking it up as I don’t want to introduce any kind of risk. Main concern is if I shift mid contract, what kind of guarantee can I get from the new lender to close on time?
Ask your new lender. Most the lenders I worked with could do closing only if it was > 21 days out