Do i have to sign and return my mortgage commitment letter

Leader Board

Leading Experts		Credits
1.	MortgageEnde	11842	Level 7
2.	ANiyazi	4816	Level 5
3.	mortgagepro	4496	Level 5
4.	carrielawlor	1676	Level 4
5.	MortgageManC	1105	Level 3
6.	t_cameron76	558	Level 2
7.	admingal1975	519	Level 2
8.	khourypa	362	Level 2
9.	Pattymurph	341	Level 2
10.	Flip	307	Level 2
11.	propertysold	264	Level 2
12.	Magan	245	Level 1
13.	michaels4316	245	Level 1
14.	Ron	244	Level 1
15.	Tristan	238	Level 1
16.	Ned	238	Level 1
17.	geoff12345	237	Level 1
18.	ConsumerProt	234	Level 1
19.	Shirly	232	Level 1
20.	Tracey	228	Level 1
21.	Charlie	218	Level 1
22.	Desperatewif	213	Level 1
23.	Jennette	206	Level 1
24.	Alejandra	201	Level 1
25.	Eusebio	199	Level 1
View all

Answer

Report Abuse

Vote:

Asked by

Lemuel

Hi, Do i have to sign and return my mortgage commitment letter? Thankyou.

In Mortgage Cont.19

Industry Experts

+ Add Expert

	Q. Can we ask your mortgage broker to show loan commitment letter?
	"You should review the mortgage commitment in detail with your mortgage broker..." If you are the client, you should review the mortgage commitment in detail with your mortgage broker. If your broker does not show you the commitment/approval, I would be nervous and look for another broker with better customer service. James Shinners. Mortgage Managers. www.mortgagemanagers.ca 1-877-996-6677 This answer closely relates to: Mortgage commitment letter return by fax Can i request a copy of a mortgage commitment from my broker? How long after broker sends loan to underwrite before commitment letter? Bank of america mortgage commitment letter Can a bank rescind their mortgage commitment letter? Can change bank after signing mortgage commitment letter? Comment Reply Report 0 0

Q. Help! im having a bank of america sonyma nightmare!?

Me and my husband both applied for a sonyma mortgage through bank of america back on 4/8 and almost 4 months later we still havent received a commitment letter. the excuses on why we havent received a commitment letter change everytime we call them. the loan officer im working with seldom answers her phone or returns phone calls. they were quick to collect the origination fee but have dragged their feet ever since. since we are in contract and have come this far we feel we're pretty much stuck with this bank. is there anyone we can complain to? if the seller decides not to sign the next extention can we take any legal action against the bank? we are first time home buyers and are new to the process but we are sure bank of america is doing a huge disservice to us and want to know if we could do anything about it.

You need to get in contact with this loan officer's higher up. Complain to them. Maybe try to get ahold of the branch manager. What they are doing to you is unethical, wrong, lazy...I could go on all day. If the higher up doesn't get some action taken right away, I would contact a lawyer and explain the circumstances and see what you can do to get out of that contract ASAP!

Comment

0 0

Q. Help! im having a bank of america sonyma nightmare!?

"Both times we purchased real estate we had a commitment letter within two weeks...."

I think you need to try with another lender. Both times we purchased real estate we had a commitment letter within two weeks.

Comment

0 0

Add your answer/comments in just seconds. No signup necessary.
Just put your answer in the box below and hit Save.

Can you help us by answering one of these related questions?

We need your help! Please help us improve our content by removing questions that are essentially the same and merging them into this question. Please tell us which questions below are the same as this one:

Q: Do i have to sign and return my mortgage commitment letter?

Categories