There are two things that tie FHA to a property: 1- Case Number assigned is the only case number for the property address 2) appraisal. If there are repair issues, appraisal issues or problems with the case number, it is possible that things will be held up. DE underwriters review the file for FHA approval. Somes if the DE underwriter needs clarification or assistance they will contact the HOC (Homeownship Center) to make sure that they are underwriting the file to meet FHA insuring guidelines. Appraisals are tied to the property for approx. 1 year and a new appraisal can not be ordered to replace the first appraisal issued. If you have a copy of the appraisal look it over to see if you see anything (ie. subject to repairs, value different from purchase contract amount, etc.) In regard to a "Credit Reject Letter" assigned to the property, never heard of such a thing.
Good luck... more