I'm sorry that you might not get the house after all you went through! But we have to complain until they stop this. Good luck! You might still get the house, I pray that you and your agent find a way.
I wish you the best of luck. It is still a good time to buy. I know you will find something better.
Alex Montelongo/ Broker
Coldwell Banker Star Realty -
Are you saying the selling agent recommended a lender to you who in turn told you that they don't think the selling agent (That recommended or steered you to them) is experienced enough? Did you have your own agent for your side of the transaction.
I purchased a home using Fannie Mae's Homepath program. The selling agent presented my offer. Fannie Mae accepted my offer. I went and got a Fannie Mae Homepath loan after finding an approved Homepath lender and closed on it. It was that simple.
I think there is more to it. I think you may be misunderstanding or intermingling some of the lingo in your post. What you wrote defies logic. It SOUNDS like you got turned down for your loan for some reason related to credit or income.
While I'm not sure what you mean by "Federal Agent to review", you should file a complaint with any local/state/federal agency that the lender or broker may be regulated by.
Realtor, RE/MAX Champions
Direct: (909) 770-5055
Fax: (909) 256-2111
121 S. Mountain Ave
Upland, CA 91786
That's very unfortunate. Also, since homepath homes are owned by Fannie Mae, you might want to give them a call and give them the home address and tell them what's going on. Fannie Mae Resource Center at 1-800-7FANNIE.
Wishing you and your family all the best.
Real Estate Broker/RealtorÂ®
DAY CREEK REALTY