Forgotten Your Password?

Need to Register?

Question Icon

Stalled application process

We started a mortgage application process 3 months ago for a beautiful home worth $250k. The process has stalled due to “quality control” according to our lender. Closing was scheduled a few weeks ago but we were given one reason upon another for not pushing with closing. Our income is $140k a year and a combined credit score of 630. Our downpayment is 3.5%. FHA has appraised the home at $5k above the sale price. Do we look for another lender? by kostas969 from Eagle Springs, North Carolina. Nov 15th 2021 Reply


Yes you 100% need a new lender. It doesn't take that long for a QC review. Should only take 24/48 hrs at the most. Call me to have a conversation about this. 704-507-2479

Apr 3rd 2024
0
0
Subscribe to our news feed.