Wednesday, July 29, 2009

Too Good To Be True

And it continues... I got an email from our home specialist informing me that they could not complete the loan because of an FHA case number issue. It seems that the house had an appraisal done back in June of 2008 and there was a case number issued thru FHA. Well that is the case number they were using for our loan (don't ask me why) but it's the wrong number and now we can not get final loan approval until this is taken care of. And of course it will take 5 to 7 business days to cancel that case number and issue a new one for our loan.

I then emailed my loan specialist and asked if this means that our loan was approved. Here is what she wrote. "Correct. This is what the underwriter said: The loan is fully approved, subject to case # issue being resolved So the good news is our loan is fully approved but we just have to wait a week for this case # issue to be resolved.

Of course I'm not going to celebrate just yet.. I won't celebrate until I sign the final papers and have the keys in my hand.. I don't want to get excited but it tough not being a little excited that this long horrible process is almost over. (Famous last words).

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