What happens if you are doing the First Time Home Buyer program and your loan officer is refusing to work with you?
You find a new loan officer within the bank.
This is a terrifying thing. But if I can do it, so can you.
I have written and re-written this post many times. So here goes.
Once you find your agent, talk to them about what's going on. My agent was very, very helpful and understanding. She said for normal loans people switch loan officers and banks all the time. She had worked with someone at the bank I was using. My phone call that I made was a blathering mess.
My agent offered to call for me to explain and I found myself with a new loan officer.
(Other Things Happened. PSA talk to a real estate agent before working with a bank. Brokers are supposed to be better.)
She said that sometimes big banks won't talk to the agents, that it has to be just you. She also said that the little guys tend to let agents be your voice for checking on paper work.
We found that if all else fails, CC your lawyer onto the email. It's a jerk move but if you are getting a lot of run around it can make them take you seriously. Which sucks.
Would I ever seriously recommend someone to do this program?
I have to say yes because it was the only way I could get my house. Without it I would not have my house.
Mind, I will also be telling and warning people of Just What Happened. The drama of a personal re-telling is apparently hilarious. I also tell people to save as much as they possibly can because the more you have saved up the better the house you can get. It will also give you a better emergency cushion if the closing doesn't bleed you dry.
But... It's so evil. But good. Proceed with caution.
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