Ask again for "YOUR" pre-qualification letter or your moving on to another loan officer. If the loan offers objections to your request say thank you and move on. You won't need to tell the loan officer why....let him figure it out later. I have worked with CONTROLLING loan offcers.....it never turned out well for the buyer.
RE/MAX Realty Group
If you would like a lender referral, contact me and I will give you several top loan officers to talk to.
Every loan officer is different in their procedures. It is totally up to you which Real Estate Agent and Loan Officer you decide. The loan officer must have a working relationship with this Realtor. I don't understand why he will not get you a generic pre-approval letter so that you can share with your Realtor. It's important that the Realtor knows what you are approved for and what amount you feel comfortable with. I'm sure this loan officer told the Realtor how much you were qualified for if they have a working relationship.
There are so many options out there in purchasing your first time, that you should shop around for your loan officer and your Realtor to find the best fit.
If you would like to discuss further, please feel free to call me or e-mail me and I would be happy to speak with you. PattySmith@mris.com or (240) 876-3424. Have A Wonderful Weekend!
The process would require a realtor to assist in helping you find a property in
your budget. Then you would get the
pre approved letter from lender to submit with your purchase offer. Let's
Get together and allow me the opportunity to explain the process of buying a home in todays market.
Most lenders provide their approved clients with a preapproval letter. It provides the homebuyer with key information such as the maximum loan amount, anticipated interest rate and down payment and closing costs, type of loan, expiration date of that preapproval, and other details. For agents, it provides documentation (or "proof") that the client can actually make a purchase. In most instances, preapproval letters also accompany offers for purchase.
If you've completed the application and have been approved, I can't see any legitimate reason why you wouldn't receive your letter.