Can I fight a underwriter ?

[RJ Dixon]

Hello BP!

Here is my situation. I currently have under contract 2 homes free standing being sold together, on the same parcel and tax deed. Credit,Debit to income and cash are good. We were denied because the underwriter didn’t feel comfortable that we were trying to live in one as a primary ( House hack ) and rent the other. This was a 5% conventional loan. I was upfront up the lender in the beginning. I tried to call corporate but they weren’t available today. I will call again tomorrow. Can I do anything else ? My closing is in 5 days. I’m going to see if I can get an extension. My earnest money is fine with a Financial contingency. Also for the extension should I go hard with the earnest if I’m running into this problem ?

Thank you

[Chris Mason]

"This was a 5% conventional loan."

Home Possible for house hacking effectively died in July of 2019. You can fight who you want, that program for 2-4 unit properties more or less is gone.

Get an extension, flip it to FHA, and close if you can.

Here in the SF Bay Area, I've encountered several "Hey Chris but Joe at XYZ Home Finance said they can do 5% down on a $700k Oakland duplex, conventional!!!" in the last couple months -- Yeah, no, sorry. If you don't believe me, please go waste some other LO's time....

Link related: 

https://guide.freddiemac.com/app/guide/bulletin/2019-16 (2m43s in the video is the headshot.)