Mortgage Loan approval hell

[ljinvestor]

Who is the lender?

Most lenders were so backlogged the last few months because of rates getting so low that now they are just getting back to normal turnaround times.

Also seems like they dropped the ball by not asking for all those things in the beginning as those requests and verifications are normal.

Hope all goes well

[lifeizfunhuh]

Yeah that’s the way they do it now. You need a prescription for anti-anxiety meds just to the through it.

See my post

http://piggington.com/underwriting_requirements

[lifeizfunhuh]

Yeah that’s the way they do it now. You need a prescription for anti-anxiety meds just to the through it.

See my post

http://piggington.com/underwriting_requirements

[lifeizfunhuh]

Yeah that’s the way they do it now. You need a prescription for anti-anxiety meds just to the through it.

See my post

http://piggington.com/underwriting_requirements

[lifeizfunhuh]

Yeah that’s the way they do it now. You need a prescription for anti-anxiety meds just to the through it.

See my post

http://piggington.com/underwriting_requirements

[lifeizfunhuh]

Yeah that’s the way they do it now. You need a prescription for anti-anxiety meds just to the through it.

See my post

http://piggington.com/underwriting_requirements

[davelj]

[quote=jimmyle]
Is this normal now? Any one else having problems with your mortgage loan approval?[/quote]

Yup, it’s Back to the 90s! These are not “problems” – they are good things. It’s called “proper underwriting” – a long-forgotten art that was absent for over a decade. You should feel lucky because I personally wouldn’t make a loan to anyone who put only 10% down – regardless of their credit history, etc. So, in my view, you should be kissing your lender’s ass instead of complaining. But that’s just me.

[davelj]

[quote=jimmyle]
Is this normal now? Any one else having problems with your mortgage loan approval?[/quote]

Yup, it’s Back to the 90s! These are not “problems” – they are good things. It’s called “proper underwriting” – a long-forgotten art that was absent for over a decade. You should feel lucky because I personally wouldn’t make a loan to anyone who put only 10% down – regardless of their credit history, etc. So, in my view, you should be kissing your lender’s ass instead of complaining. But that’s just me.

[davelj]

[quote=jimmyle]
Is this normal now? Any one else having problems with your mortgage loan approval?[/quote]

Yup, it’s Back to the 90s! These are not “problems” – they are good things. It’s called “proper underwriting” – a long-forgotten art that was absent for over a decade. You should feel lucky because I personally wouldn’t make a loan to anyone who put only 10% down – regardless of their credit history, etc. So, in my view, you should be kissing your lender’s ass instead of complaining. But that’s just me.

[davelj]

[quote=jimmyle]
Is this normal now? Any one else having problems with your mortgage loan approval?[/quote]

Yup, it’s Back to the 90s! These are not “problems” – they are good things. It’s called “proper underwriting” – a long-forgotten art that was absent for over a decade. You should feel lucky because I personally wouldn’t make a loan to anyone who put only 10% down – regardless of their credit history, etc. So, in my view, you should be kissing your lender’s ass instead of complaining. But that’s just me.

[davelj]

[quote=jimmyle]
Is this normal now? Any one else having problems with your mortgage loan approval?[/quote]

Yup, it’s Back to the 90s! These are not “problems” – they are good things. It’s called “proper underwriting” – a long-forgotten art that was absent for over a decade. You should feel lucky because I personally wouldn’t make a loan to anyone who put only 10% down – regardless of their credit history, etc. So, in my view, you should be kissing your lender’s ass instead of complaining. But that’s just me.

[Coronita]

Don’t feel bad. They did the same thing to me. I have a >800 credit score and was fully doc’ed, and my LTV was <50%...

Some advice: don't be moving some money around too close to closing from the accounts that you provided to them.

[Coronita]

Don’t feel bad. They did the same thing to me. I have a >800 credit score and was fully doc’ed, and my LTV was <50%...

Some advice: don't be moving some money around too close to closing from the accounts that you provided to them.

[Coronita]

Don’t feel bad. They did the same thing to me. I have a >800 credit score and was fully doc’ed, and my LTV was <50%...

Some advice: don't be moving some money around too close to closing from the accounts that you provided to them.

[Coronita]

Don’t feel bad. They did the same thing to me. I have a >800 credit score and was fully doc’ed, and my LTV was <50%...

Some advice: don't be moving some money around too close to closing from the accounts that you provided to them.

[Author]

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