Our lender picked a date 45 days out from our mortgage application process beginning, and got every single document in on time to our lender. I’m talking everything they needed within 12 hours of requesting.
THEY picked this date. That’s an important detail. I asked very specifically how many days they would need to comfortably close on the home. I had a feeling 45 days was a bit ambitious in this market, but figured maybe 50 days or a few more.
I’ll spare the frustration and skip to the facts. We are now going to be around 70+ days with a closing date that’s been pushed back 4 times because our lender has been unresponsive and not followed up on any of our HOA docs they requested from our HOA. I’m talking a month + to get these docs in, with a week or two going by without them following up. I only know this now.
If they try to push back our closing date again, They said they will need more credit reports, pay stubs, etc because they will expire.
At that point, can I legally walk away from the deal as a buyer? Again, I will spare the frustrating details because I don’t think they’re pertinent. There’s a lot more BS they’ve tried to pull. I don’t want to give this lender another dime, and even though we’ve sunk money into this already, they are closing us more money and time in other ways like having to rent for another month.