Frustrating. We went through the pre approval and auto underwrite phase . We finally entered the manual underwriting review stage for VHDA.We learned that we exceed the income guidelines for the DPA program !! (WTF) ??? mind you... We have a home under contract originally. We were supposed to close 4/28, but because it's a flip per FHA Guidelines, We can't close til after 5/2 .and are scheduled for a 5/10 closing. 1/2 of our house is packed 1/3 was tossed sue to it being a smaller home I'm super distraught thinking about the money we could lose potentially if we can't get financed appraisal inspection earnest money refurnishing our rental sigh... Positive vibes only, please (Sigh )
[link] [comments]
source https://www.reddit.com/r/RealEstate/comments/131nqrt/how_did_we_make_it_through_automated_underwriting/
Comments
Post a Comment