One thing I've found is that the loan officer makes a huge difference. When I was buying a property myself many years ago, I had a horrendous experience. It turned out the loan officer was new and didn't know what he was doing. Talk to your Realtor and explore various options.
Hope that helps.
Dottie Cordwell, Associate Broker
Keller Williams Realty Baltimore
I remember when I purchased my first home and yes my experience was a nightmare. I was not an agent then but I was an appraiser then. I thought I new something about the industry but the I new nothing when came to the actual purchasing process. The one piece of advice I can give is to be patient and submit every document asked for in a timely manor. The reward of home ownership will greatly out weight the process. Then the next time you purchase A home you will be an expert and can anticipate most things that will be required. Feel free to call me at 410-598-7899 if have any additional questions or concerns. This is one of the reasons I! became a Realtor, to help people like me and you get through this process with as little stress as possible.
I don't know of any programs that would take a year to process. I hope you have a good lender and real estate agent guiding you through the process. It sounds to me like someone in the handling process isn't giving you top notch service.
Which program are you attempting to use?
Also, do you have a real estate agent representing your interests? That person can help guide you through the process, and may be able to help you with the program's process.
Please let me know if there is anything I can do.
Keller Williams Excellence Realty
There are a lot of programs available to help you purchase a home. Most require that you take homeowner counseling and complete an interview. I'm not sure what program you are involved and I'm sure you don't want to elaborate on it here. There's a CDA program, FHLB program, Live Near Your Work and some employers also sponsor down payment assistance programs. The City Lift program is now closed. I'd be happy to help guide you in your home purchase. Please feel free to give me a call 410-292-0100 or send me an email and we can set up a time to talk face to face. My email address is firstname.lastname@example.org.
June Piper-Brandon, ePro, CIAS, CDPE, WHC
Century 21 New Millennium - #1 Century 21 in the World