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how often to knock the lender

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casuguy777

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PostPosted: Mon Jan 30, 2006 11:15 am    Post subject: how often to knock the lender

How often should I knock the lender during the loan closing process? Should I make it a daily routine to get things faster?
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Icon Mini Profile Samantha
Samantha
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Joined: 16 Sep 2005

Posts: 1539
Location: MASSACHUSETTS


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PostPosted: Mon Jan 30, 2006 12:55 pm    Post subject:

Hi,

Your anxiety is common to a lot of borrowers in your position. Smile Many of us get worried if we are unable to hear from our lender for some time during the loan process.

But that may not help the proceedings faster. You should ask your lender how often he wants to be contacted and if there is any specific day and time that he would prefer.

Get a timeline for the loan closing which may help you understand the time and steps required to close the loan.

This may help in relieving your stress.

God bless you.

For MortgageFit,
Samantha

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murphy

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PostPosted: Mon Jan 30, 2006 1:00 pm    Post subject:

I think it's better if you concentrate in providing the lender with all the required documents. This will make things to move fast.

Everytime the lender has to ask for a document which you didn't provide, certain time is lost.

So, get in detail about the requirements that need to be fulfilled so that there are minimum queries after that.

Thanks,
Murphy
 
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