I think it's over the top. Maybe the underwriter is new, or maybe....
Several years ago an underwriter on my Buyer's loan demanded the inspection report from me. I went
over his head and refused to send it. I got permission first from my Buyer. My fear then was exactly
what you are going through now - an underwriter who presumes to know what the property condition
needs to be to rightfully convey.
But at this point you only have 2 options: 1. Continue on to sale. (I imagine your agent can get
the cooperation of the seller; 2. Threaten to pull the loan away from this lender and give it to
another - if you and the seller have the time and patience required to start all over.
My first inclination, since the underwriter is only requiring a few minor things, is to press on and
get them fixed. You want to get on with your life.
Finally, put on your happy face. Keep your eye on the prize. Don't let the underwriter's grumping
spoil your good feelings about an exciting new chapter in your life. You are exactly who you
presented yourself as being. No worries. Everyone around you will be affected by your good
PS: You have gone above and beyond in providing proofs to that underwriter. I hope this is not
the wave of the future. But lenders have to protect their investments and must make money.
Some investors are getting more nosy and underwriters must prove to those investors that their
investments are sound. Don't take it personal.
Assoc Broker/ Realtor
Century 21 Realty Group
With all the "toxic" loans out there lots of underwriters, appraisers and home inspectors have gotten very picky about properties. Since you are so far along in the process I would say keep on course. If the broker went over her head once it may be time again so everyone can get on the same page.
Realize that folks in the loan business are "afraid" of making the wrong decision. Just be patient. Believe me and I know how frustrating this can be.
It sounds like this U/W is going beyond the bounds of reality and is upset that you went over her head.
My suggestion is that your broker take your loan to another company or have another U/W clear the file.
Your loan officer should have never sent it, and should have fought the condition FOR the inspection way before having to fight this stuff. Perfect reason why you need to shop for mortgage lenders by ADVICE not PRICE.
We all have relatively similar pricing, but the advice that you receive is a world apart.