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Updated over 10 years ago,
Help mid deal. Wondering if I went with the wrong lender?
am just a bit distressed. We are in the middle of a purchase and are getting run around by the lender. I wouldn't say that except we have jumped through hoops since 7/15 and are just now being told that they can't submit my paperwork until 8/28. The seller is annoyed and wanting me to release the earnest money nonrefundable now. We have had the inspections etc but are uncomfortable with that, what if the appraisal doesn't add up?
As for funding... I was pre-approved. What we have been having difficulty with:
A deed in lieu which is 2 years old
I have done pre-purchase counsling for the loan and just today am told we had to wait 30 days from the class before the paperwork could even be submitted.
Any questions or recommendations? I am wondering if we picked a bad lender?