I've sold several homepath loans and the process is usually very quick. If this is a renovation loan, then the process will take much longer. Fannie Mae is usually very good about extending commitment dates IF you respond to them with an extension request before the deadline (I would do this first thing tomorrow).
If you're using a REALTOR, make sure they are on top of this. If you use attorneys in Ohio to close real estate transactions, contact him/her immediately. Remember, we are rapidly approaching a holiday weekend and Fannie Mae will be closed Friday - Tuesday! The request for extension can be submitted online through the homepath website.
John Proto, REALTOR
2620 Whitney Avenue, Hamden, CT 06518
A Connecticut Licensee
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