Too late to switch lenders?

I would be more than happy to help in any way I can. There should not be any financial obligation with the exception of the appraisal. I have been a back up lender on fall out deals in the past and have closed them in as early as 8 days. Let me know if I can help. Thanks!

I am so sorry that you are not having a good experience. I am happy to help or answer any questions you have. I am a local mortgage broker in Colorado. If you already have an appraisal done there may be an additional costs if we are not able to transfer and if it is an FHA loan. www.kcmortgagecolorado.com kay 720-670-0124 or kay@kcmortgagecolorado.com

Hi Kalina, sorry you are having issues with your current lender. Depending on if it will be messy or not to change lenders at this time will depend on what part of the process you and your lender are in and how close your loan commitment deadline is on your purchase contract. I would be more than happy to give you a 2nd opinion of your current situation to help you determine if you switch lenders or not. I am available today at 303-521-7169 or syoung@firstcal.net , best wishes, Sean

It looks like you have answers from experienced mortgage brokers and bankers in Colorado that might assist you in making the decision about whether or not to makea change in lenders. It is never an easy one but you may need to make the change as you have felt prompted to put out this effort at getting help! I Many timesI got the opportunity to take over a loan in the middle of the process with another lender and bring the new loan to funding on time. I wish you well!

Because of the mortgage crisis, the entire lending process has become much more complicated, and even the most competent lenders can sometimes come off as if they are dropping the ball, so I would first discuss things with your current lender to see if there are ways around your issues.. Whether or not you an get out of it depends on what type of loan your doing and how far along you are it the process.. if your purchasing a home and you have a deadline, then you're far better off leaving things in place. By switching lenders, you will have problems with the transferring of the appraisal, so it's possible you might need to pay for another one.. also, all the paperwork you singed will have to be redone,and all the supporting documentation will need to be provided to the new lender.. and then once all this is done, it goes to processing and then underwriting.. There's no way anyone can do this in 1 to 2 weeks.. most will take 3 to 4 weeks.. and that's assuming everything goes smoothly.. if there are any issues with the property, borrower, or appraisal, then it can delay things even further. However, if you're simply doing a refinance, and there is no real deadline.. then yes, you can change lenders, but all the issues I just noted will still apply.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Hi Kalina there is no issue of canceling your loan and going elsewhere if it is a FHA loan a appraisal has been completed that appraisal can be assigned to the new lender if a conventional appraisal then you will have to buy another. Either way I can assist you in getting the right loan program for your situation and have a stress free transaction. I can be reached toll free 800-485-1387 Ext. 116 or ballen@bankofenglan1.com

You may withdraw your application at any time Kalina. Further, the lender you are currently working with should agree to transfer your file, including the appraisal if you have received it to a different lender of your choice. If you care to speak to me in person, please call (303)817-3308. I have been in the business for more than 30 years now and would love to bring my experience to bear for you.Jim Crowder

Kalina Did you get your issues worked out? If not please call me and discuss further. I've been originating mortgage loans throughout the State of CO for 20-years. My website is www.mtnmortgageguy.com. Located in Vail but serve the entire state. Chris Neuswanger