Real Estate Broker
Newman Realty Group
Ask your client to reach out to the lender and give them an ultimatum. If that doesn't work, move on to another lender.
That said, I agree with one other response here which is if your client is on maternity leave that may be a deal breaker.
Act quick and get the docs over to another mortgage banker...... it's complete BS and I dealt with something similar earlier this year so I know how upset you must be. I cut the deal, got it over to another mortgage banker and it closed 3 weeks later.
Sohail A. Salahuddin | Founder
Innovative Property Consultants Group | Sales and Leasing
Jameson Sothebyâ€™s International Realty
425 W. North Ave. | Chicago, IL 60610 â€¨
O: 312.335.3230 | C: 312.437.7799 | F: 847.805.6030
"Extraordinary Service For Extraordinary Lives"
Having said that, some lenders are very slow, a couple in my area ar taking 60 to 90 days. As others have indicated, call the branch manager, if the LO is the branch manager ask for the name and number of who he reports to, good luck,
NMLS # 6395
Financing Kentucky One Home at a Time
My last testimonial on a short sale is as follows:
"Thank you, we greatly appreciate all your help in not only finding our home but in helping us get through the crazy short sale process. Not only have you proven yourself to me multiple times now by finding the perfect properties but you do it quickly. I can't imagine anyone else handling my real estate needs as you have and I know that no one else could handle my ranting and venting like you did for this short sale. Thanks Jim "
My advice... Fire the loan officer and move to someone with real experience. You should know if you are good to go with a loan in a very short time.
What you have described should have never happened and just because someone is out on maternity leave, where is the back up?
Contact Mary Laurent with Guaranteed Rate 773-516-6859. It is free. You may have to send your documents again. But she will get the job done!
Best of Luck and Happy Holidays.
Manuel Brown, Broker