got pre-approval, sold our home, unable to get closing same day, 11/30/12. on 12/7/12, underwriters denied loan - no current home ownership!???

Asked by Tammy, Houston, TX Sun Dec 9, 2012

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2
one, , 76155
Sun Dec 9, 2012
Tammy,

What reason(s) surrounded the denial by the underwriters? I'll be happy to give you a second opinion.

Chad Bradford,
NMLS#981380
501-246-0861
0 votes
explanation from underwriter now shows that credit report changed after paying off home mortgage and new items showed, trying a different loan with same lender.
Flag Tue Dec 11, 2012
Marge Bennett, Agent, Fort Myers, FL
Sun Dec 9, 2012
underwriters are getting crazy. Sorry to hear of your troubles. maybe a different lender would be more accomodating. I have never heard that current home ownership was a criteria for a loan.
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