home loans – mortgage refinance second mortage

November 23, 2009

Home mortgage approval question?

Ryan’s♄Wifey asked:


I have done all my steps to buy a house ..i got pre approved, had the offer accepted, had my VOD verified, work record verified, obtain home owners insurance,gave my earnest money, had the inspection and the appraisal…what are the chances of my approval falling though? I asked the lady that is taking care of me at the mortgage company, shes also the branch manager and she told me i have nothing to worry about that they pull the credit report once and that their loans are locally processed, underwritten, and closed by their company. So what are the chances it will faal through, nothing has changed on my credit report and i havent opened anything new or bought anything big
the appraisal came in at 129900, i paid 113,000 for it

ARTURO

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