Did you finally get your loan? If not. Let me know if you need help. I can't believe you have been waiting that long. As many of us are in the same boat with refis being difficult be as patient as you can as FHA has some great options for those that have no other means to refi.
Keller Williams Wilshire
The Reavis Group
Did Countrywide tell you that there were any conditions to the approval or did they tell you they were drawing documents? If there are conditions, then you must clear those first before they can finally fund the loan. What could go wrong now is that you cannot clear those conditions. If they are drawing documents, then you are probably done.
You should call your Countrywide loan officer and ask both your question (what can go wrong now) and my question (are there conditions or are you drawing documents). This is truly your best bet.
Congratulations on taking action to get the FHA refi and Dare to Dream.
Real Estate Consultant
RE/MAX Palos Verdes Realty