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Home buying question…please help? FHA loan?

Ok…so I already have my pre approved FHA loan. We found a house finally. But the bank that owns the property which is Country wide is getting me all confused. We place in an offer with our agent. She calls me to tell me that the bank wants a pre approval through them. (they are saying it just incase my financing falls through, and they have a back up so the bank is not wasting their time)
So obviouslly we are getting a better rate via the FHA loan with a lower down pymnt. So I DON'T plot on using the Counrty wide loan. I am waiting on Country wide to get back to me on the status of our loan application.
Is this normal that banks make you have 2 pre approvals before they sell you a house or is Country wide trying to pull a quick one and say you have to finance with them.
My agent said it's only for backup to make the bank pleased that we have a backup option if it's needed. And that I can go with whatever loan that is giving the us best rate. Anyone ever experience this???

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This entry was posted on Thursday, June 11th, 2009 at 3:46 pm and is filed under FHA Loan Application. 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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