Home Buying in Monterey Park>Question Details

Bigmom4, Home Buyer in Monterey Park, CA

escrow has taken almost more than 70 days we had our loan file go to quality control we signed loan documents but still no official funding .

Asked by Bigmom4, Monterey Park, CA Thu Dec 1, 2011

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It is your loan officer's job to know why this is taking so long. He should be communicating with your escrow officer and the lender's funding department. After signing your closing docs it usually doesn't take more than three days to fund, which would include a final funding audit. Since you loan officer can't, your escrow officer should be able to give you the reason for this delay. Good luck.

Happy funding, Rudi
Web Reference: http://www.umboc.com
0 votes Thank Flag Link Thu Dec 1, 2011
Loan officer is very helpful his advice is to provide UW with items they request
0 votes Thank Flag Link Thu Dec 1, 2011
What is your loan officer advising...if he/she isn't being helpful, contact his/her supervisor, or consider switching lenders; also consult with your agent...
0 votes Thank Flag Link Thu Dec 1, 2011
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