Home Buying in 30705>Question Details

tron.dab, Home Buyer in Chatsworth, GA

why do i need a 2nd extension on buying a house?

Asked by tron.dab, Chatsworth, GA Fri May 11, 2012

Help the community by answering this question:


You would need to sask your real estsate agent and your loan officer. Only they can give you the answer to your question.

Rodney Mason, NMLS #151088
Sr Loan Officer
Prospect Mortgage
825 Juniper St NE, Atlanta, GA 30308
Office: (404) 591-2453
Apply Online at http://www.rodneymason.com
Licensed in Alabama & Georgia

Prospect Mortgage offers a full selection of mortgage programs including:
Conventional | FHA | FHA 580-639 FICO | FHA 203K Renovation (Streamline & Consultant) | HomePath® | HomePath® Renovation | HomeStyle Renovation | VA | USDA | GA Dream | Jumbo Financing
0 votes Thank Flag Link Fri May 11, 2012
Hi Tron, I agree, there could be a myriad of reasons, the most likely if your mortgage pro has not asked you for more documentation is the lender you are working with is swamped with applications and is unable to underwrite your loan in a timely fashion. I understand some of the bigger banks are over 60 days in underwriting presently.
Best wishes for a timely underwrite! We are still at 5 day underwriting this week.
0 votes Thank Flag Link Fri May 11, 2012
You should be speaking to your broker and mortgage lender. My guess is you have some mortgage related issues that need to be resolved.
0 votes Thank Flag Link Fri May 11, 2012
You have not provided enough information to answer this question. Please give us details about your transaction and we will try to help.
0 votes Thank Flag Link Fri May 11, 2012
Could be a variety of reasons. Care to share your specifics?
0 votes Thank Flag Link Fri May 11, 2012
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