Buying A Home
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Changing lenders at the last second
Can we di this? I am very unhappy with our lenders. They have lost our paper work, told us they had our paper work, but then three days later called to say they never received it, after they confirmed that they did. And last night she said she was working on our paper work, and would email me papers that I need to sign within the hours. It's been over 12 hours
I am just very fed up at this point! All we are waiting on is our loan, and they haven't even processed the paper work because they never sent us new paperwork to sign.
Re: Changing lenders at the last second
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We had to change lenders. We originally got pre approved through a local credit union. We submited an offer on that preapproval. When we came back with the signed contract to start the loan process they decided not to do the loan due to the fact that it was a mobile title company not one of the local title companies. Plus the guy that originally preapproved us had left. We ended up going to the place where he was now working. He knew us and pushed the paper work through. They were able to get everything done in time for closing.
I would not recommend changing, but sometimes you just have to. I would go somewhere else with all your paperwork and updated pay stubs and all that jazz and see what they say. Or see if you could have a new loan officer. It sounds like that particular loan officer has dropped the ball. Changing lenders might delay your closing.
The more you share the more you need to find someone else. Changing may make closing delayed a bit.
Do you have in mind another lender? Start talking with them.
We did not change lenders. We felt like we were too far in. Our realtor does everything electronically, but our lenders do not. They still do not get our faxes....but they said that they have everything, so lets hope they do this time.