Buyer is in limbo trying to get a loan.

[Adam F.]

I have a buyer that has 3% down and a credit score above 620 however, he can’t get an answer if he’s been approved.

I spoke to the broker (Wiechert) and he doesn’t know why he’s not getting approved and couldn’t give me any info just that everything is changing and is waiting to hear from underwriting.

Should I direct the buyer to a broker that’s shopping his loan (Anyone in NJ please reach out) vs one place. The buyer wants the move in since he’s renting and is ready to go.

Any ideas will be grateful-