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realtor is getting in the way of me getting into my new house (I think)

I'm working with a realtor who has been really great thus far, so I want to give him the benefit of the doubt, but he's saying the lender is holding up the financing process by not giving a commitment letter. i asked a close friend who worked in mortgage (although he's been retired for 2 years, fyi) about the issue. he said the realtor is being ridiculous. now we're at a ridiculous stalemate. is there anything i can do to clear up this commitment letter issue? are they necessary? idk if i should dump the realtor, the lender, or both. by calitraska7846591 from Wheat Ridge, Colorado. Jan 9th 2015 Reply


Michelle Curtis Loan Originator NMLS 401173 (EmbassyFundingLLC)
#2 ranked lender in New York - 2,237 contributions

When was your complete loan application submitted? Is there a date on the contract that a commitment needs to be produced by? What does your lender say?

Jan 9th 2015
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,045 contributions

You should be in direct contact with your lender.. and if you are, you don't ask your Realtor to give you something your lender should be giving you.. if there is a delay in getting a commitment letter, there must be a reason for the delay.. call your loan officer directly and ask him / her yourself.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Jan 9th 2015
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Kim Clancy (TheClancyGroup)
#57 ranked lender in Colorado - 9 contributions

HiI'm a local CO lender and this sounds quite strange? If you have completed your loan application than your lender should be able to issue a pre approval letter. If the lender cannot issue it, than he/she should be in contact with you requesting whatever additional information is needed. If you'd like me to do a loan application for you for an approval, I'd be more than happy and then you can get in the car with your realtor...ThanksKimkim.clancy@chl.cc

Jan 9th 2015
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Sean Young (SeanYoung)
#2 ranked lender in Colorado - 1,109 contributions

If you have completed a loan application and supplied your income and asset information your lender will give you a pre-qualification letter. If you are under contract and have supplied all of your information to your lender and you are waiting on underwriting you may just need to wait for that process to go through. If you would like to give me a call I would be more than happy to review your situation and let you know if things are okay they way they are or if you should look elsewhere. It could be that your real estate agent has done nothing wrong. You can reach me anytime at 303-521-7169 or syoung@firstcal.net. Best wishes, Sean

Jan 12th 2015
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