My fiance spoke with somebody from Countrywide (the mortgage lenders) a small over one week ago. He gave the man all of our information (to get pre-approved) and we were pre-approved for a small bit more than we’re going to need for the condo’s that we’re looking at. (we were approved for 150,000, 6.5%, 30 year fixed rate)… FHA loan so we only need to place 3% down.
My fiance gave the man our fax # and the man said that he would fax over our pre-approval letter within the next 20 minutes.
40 minutes goes by and we have no fax, so we called back, but the man had gone home for the day. We called several times the next day (only leaving 1 mesg. on the answering machine, asking for him to please contact us at his earliest convience becuase we did not recieve the fax). Every day since then we’ve called back about once or twice, only leaving about 3 more messages (in total, not each day).
This obviously is not a excellent lender to use right?
We are young (21) and we are first time home buyers. We can afford to buy something larger near the 300,000 range but we’re starting off small with the condo (and we’ll work our way up). There are so many families having their homes forclosed during this time and we really do not want to be in that kind of situation.
We want to go with a well known mortgage lender. The next call we make will be to Wells Fargo. Any suggestions/tips/advice for dealing with mortgage lenders?
I’ve tried calling the main number (not putting in his extention number) and they told me that he was in the office and that the best that they could do for me was send this guy an e-mail letting him know I’m trying to reach him.
Both my fiance and I have excellent credit, on the line of brilliant…(we both got our credit reports about 1 month ago).
Tags: answering machine, call, convience, credit reports, e mail, extention number, fha loan, FHA Mortgage, fiance, first time home, first time home buyers, fixed rate, lender, little bit, mesg, mortgage, mortgage lender, mortgage lenders, possible, pre approval letter, returning, several times, time home buyers, wells fargo
A little bit of PUNCH from Roses on Paper and Belles 'n Whistles. Posted by Lynda Nielsen at 4:00 AM. Ohhhhhhhhhhh dreadful Monday - dreadful Monday... ha ha.... Well I wouldn't feel that way except it's back to work I go. ...