danesgirl74

My husband and I ahve in Escrow for 4 weeks and are set to close on the 10th of june. We still have not recieved our approval form countrywide home loans...we were Pre-Qualified with them prior to looking for our house. Is this normal? Our LO says that the Op's Dept. should have contacted us by now and that they are very backed up. By the way...this is a REO home from countrywide with FHA financing.

Someone please shed some light...I am beginning to panic. We close in 14 days!

My husband and I were Pre-Qualified for a loan with Countrywide so we found our house. Now it has been 4 weeks since Escrow opened and 5 weeks since we opened our file with Countrywide ans still no approval! We are going FHA and our loan agent keeps assuring us that we have a strong file and we will be approved. The thing is that they are taking far too long.....he says it is the op's department that is taking so long because they are so busy. We are buying a REO home so thankgod we are dealing with a bank on this because any other type and we would have fallen out of escrow already. Why are they taking sooooooo long?

I applied over a week ago but I have heard " You are a sure win" and nothing else about the application from the consultant.