FHA Loan Questions, after approved how long til closing?

I have my house sold, The man buying it is geting an FHA loan. I first accecpted the buyers offer the first week of january 09. The inspector and appraiser have came to look at the proprety. I had to have work done to pass FHA,( the collumns under the house had to have "sure-wall" place on them. ) That was done two weeks ago. FHA sent an engineer to approve the work, (It passed) The inspector came back out to inspect the house again. This time it passed.
My buyer is using home trust bank, and he has been approved, He has gave them the down payment money, and everything is done on my end.
It has been over two weeks since everything was complete and turned in. Ive talked to my buyer's loan officer, and she said " I have never done an FHA loan before, I have no thought how long it will take" so my question is How much longer should it take before we close?

Ive been very held up by all of this, I have a job im about to loose if I don't go , and my dream house picked out and about to loose it! unless we close very soon.
thanks!
I have no thought what they are waiting on, all of the papers needed are turned into the loan officer, Im guessing she had to turn them in to FHA? could that be what we are waiting for? I know my buyers closing atturney, should I call him? if not who should I call?
The realtor for the house I wish to buy has called everyone she can, I talked to her this morning and she said " I don't know what the hell is going on, they should have been done last week."
The realtor for the bank said " Their is only a few banks out their I don't like and Hometrust just made number one Their is NO reason to hold this up anymore then they have" I questioned what should I do, and they said I need to find the broker in charge of the house.
She believes they have sent it to another broker.

I have my "buyers" realtor, and the bank who owns the house I want's realtor both calling, and pushing. They both have gave up and said their is nothing we can do.

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Tags: banks, collumns, engineer, FHA Appraisers, fha loan, hell, home trust, job, loan officer, payment money, proprety, realtor, trust bank

This entry was posted on Wednesday, June 17th, 2009 at 1:12 pm and is filed under FHA Appraisers. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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One Response to “FHA Loan Questions, after approved how long til closing?”

Rebecca says:

June 17, 2009 at 1:12 pm

Even if your buyer had a closing date of tomorrow the loan officer is not allowed to discuss the loan with you at least legally they are not allowed.

Do you not have a real estate agent who would know exactly how to light the fires here? That is why an agent is a very excellent investment. But if you have one make him or her go after this persons agent.

Tags: banks, collumns, engineer, fha loan, hell, home trust, job, loan officer, payment money, proprety, realtor, trust bank,

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