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Ahmad
Joined: 08 Aug 2003
Posts: 4
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 Posted: Sat May 05, 2007 5:24 am Post subject: Refinance. How long should the process take? |
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| I began the process on September 20th and did have to fax in a few things to clear up some credit reporting questions. The appraisal was done about 3 weeks ago but my loan officer with countrywide always says he is waiting for the underwriter. What should I do? |
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rwbassistant
Joined: 15 May 2003
Posts: 7
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| Posted: Sun May 13, 2007 6:14 pm Post subject: Refinance. How long should the process take? |
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| This time frame does not surprise me as there are many in exactly the same position as you are. Credit has tightened a lot and lenders are being very picky and cautious because there are so many in foreclosure. Be patient but stay in contact with your loan officer. Good Luck! |
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SParKLePrinCEss
Joined: 06 Jun 2004
Posts: 6
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| Posted: Tue May 22, 2007 7:04 am Post subject: Refinance. How long should the process take? |
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| You should wait. What is he waiting for the underwriter to do? If this is a subprime mortgage application this may be a very long wait. |
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BoomBoom
Joined: 06 Mar 2005
Posts: 8
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| Posted: Wed May 30, 2007 7:55 pm Post subject: Refinance. How long should the process take? |
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| your loan shouldnt take more than 30days.It sounds like you might get stuck with finding another lender at the end....or your rates/term being changed.stop shopping now before it's too late |
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la21unica
Joined: 19 May 2006
Posts: 2
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| Posted: Fri Jun 08, 2007 8:45 am Post subject: Refinance. How long should the process take? |
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| 4 weeksI found interesting information about your answer: THE BEST options here. (mortgage opportunitty refinancing )http://all-mortgage-calculators.blogspot.com/2007/06/mortgage-opportunitty-financing-and.htmlGood luck! |
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