nkereina
Last chance to lose your keys.
- Joined
- Feb 11, 2009
- Messages
- 21,037
I'm sure they were preapproved (most realtors require it) so unless they did something idiotic like buy a new car in the interim (something credit bearing), they should still qualify so I wouldn't worry about the financing.
I work in banking and can tell you that interest rates are pretty low again, which has cause a big spike in volume. Our underwriters are on a delay as a result. We're currently engaging a third party vendor to help move the underwriting along because we're getting so far behind. In addition to the extra scrutiny an FHA loan has, I suspect this has something to do with it too.
I work in banking and can tell you that interest rates are pretty low again, which has cause a big spike in volume. Our underwriters are on a delay as a result. We're currently engaging a third party vendor to help move the underwriting along because we're getting so far behind. In addition to the extra scrutiny an FHA loan has, I suspect this has something to do with it too.
