Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Personal Finance
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

Account Closed
  • Washington, DC
6
Votes |
42
Posts

Loan officer not communicating

Account Closed
  • Washington, DC
Posted

I have a FHA loan pending with bank of America. I did inspections and appraisal. During the process, my loan officer resigned for family leave. The bank transferred my case to another officer. I spoke with the new officer only once since the transferred. Which is about 3 weeks. When I called, he doesn't answer or return my phone calls. My previous officer was in communication at all time. closing date is April 1.I had the same loan amount approved by wells Fargo's underwriter. All I needed was to bring a contract.I decided to go with Bank of America because my previous officer was very professional since day one. Should I go back to wells Fargo? Any suggestions? My agent said that the only downside is that I have to pay for another appraisal.

Most Popular Reply

User Stats

5,116
Posts
5,171
Votes
Kyle J.
  • Rental Property Investor
  • Northern, CA
5,171
Votes |
5,116
Posts
Kyle J.
  • Rental Property Investor
  • Northern, CA
Replied

If you start completely over with Wells Fargo, you’re not going to be able to close on April 1st. They’re not going to be able to fund that quick. With closing that soon, I would keep pushing BofA. Ask to speak to your loan officer’s manager if he won’t call you back, or for another loan officer who’s more responsive.  

Loading replies...