Mortgage consultant threatens to deny our loan because he is mad at me.

Katiemn
Home Buyer
17050

The home mortgage consultant, Bob has said that they could deny our loan simply because he doesnt feel like working with us anymore. We think Bob is telling us this as a way to intimidate us so we wont continue to call to get updates about our loan. Can our loan be turned down because the lender doesnt like us calling him or others involved in our loan? We wouldnt call if he would keep us informed of important information and delays. Weve had to reschedule so many times. I spoke with the USDA office today and they told us the file sent to them was postmarked Aug 14 from Bob's office. Previously, Bob told us it was sent out on Aug 7th. Also, the loan processor from Bobs office said that the borrowers are not allowed to call USDA to ask about the status of our loan application. Also, Bob said we shouldnt mention any of our problems with him to our real estate agent because that is how he earns his living and needs to maintain his reputation. Is this common?

Answers (2)
Katiemn
Home Buyer
17050

If USDA approves us for the guarranteed loan program can the bank be justified in denying our loan (they've already prequalified us).

Tue Aug 18 2009, 14:21
Kyle S. Hufford
Mortgage Broker
or Lender

Scottsdale, AZ
FIRST ANSWER

Sounds like you need to fire this guy.

Tue Aug 18 2009, 14:12

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