i was told by the broker my refi application has been approved. then i asked the broker to provide me the approval letter? however, he did not provide me without replying my email. is it normal? does he want to hide something? do i have to right to have the approval letter? thanks in advance.
you may ask for approval letter but the approval usually comes w/ confusing conditions. more important one is appraisal. i guess he/she doesn't need to lie to you and if you get call from appraiser, that's a solid proof that your file has moved to the next stage. :p
asked ?
【在 p*******p 的大作中提到】 : i was told by the broker my refi application has been approved. then i asked : the broker to provide me the approval letter? however, he did not provide : me without replying my email. is it normal? does he want to hide something? : do i have to right to have the approval letter? : thanks in advance.
I do get the a the appraisal report. And the broker said the is no condition for the approval. However, i still remember I received a approval letter from the broker last time even without asking for it.
confusing that
【在 h***b 的大作中提到】 : you may ask for approval letter but the approval usually comes w/ confusing : conditions. more important one is appraisal. i guess he/she doesn't need : to lie to you and if you get call from appraiser, that's a solid proof that : your file has moved to the next stage. :p : : asked : ?
usually lender gives conditional approval first then order appraisal. if the other way around and you find out don't qualify, then appraisal is wasted. also when rate lock goes in, you'll rec another set of confirmation & disclosure telling you when is the latest to close.
condition last
【在 p*******p 的大作中提到】 : I do get the a the appraisal report. And the broker said the is no condition : for the approval. : However, i still remember I received a approval letter from the broker last : time even without asking for it. : : confusing : that