Sunday, May 2, 2010

Waiting on Wells Fargo....arghh...

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We keep getting timelines from Wells Fargo that they miss every time, very frustrating.  Our loan went to final underwriting last Monday (May 26) and was supposed to be completed in 48 hours.  They came back asking for one piece of documentation that we turned around immediately.  It's now Sunday, still no news.  Hopefully tomorrow....
Once they complete this, then they can send loan documents to the Title Company.  We found out that once that happens, final paperwork goes to the banks that currently hold the mortgage on the place for final approval, THEN we can sign and transfer title...  How long will this take?  Both of those banks have set close dates of mid-month, but hopefully it's sooner.


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