"The issue apparently is that the VA produced a laundry list of required documents Friday afternoon and my LO waited until Monday afternoon to contact me and the realtor. It seem like somebody somewhere waited to the last minute to handle my case and now I'm having to intervene to ensure my realtor and LO are cooperating to push this through the last 10 yrds. I've unfortunately not been very impressed with my LO through this process and should've changed much earlier. She wasn't proactive..."
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"I'm coming to the final days of my 45 day lock on a 30 yr fixed VA loan for $390.000 on a new construction I'm to buy in Virginia and the loan has yet to be finalized. There's a lot of last minute scrambling for documents to meet VA requirements - which to me should have been handled weeks ago. Should the lock expire, I'm dumping my LO and will be shopping for a new mortgage. Can anyone tell me of a reputable - and RESPONSIVE - lender in Virginia who can help me with my loan. I've..."
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"I haven't locked yet, but am leaning in that direction. Can anyone address what effect the 24 Jun meeting at the FED WRT Bonds, MBS, etc might have on the rates?"
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"Thank you Gary for your quick reply and I appreciate the recognition. I can tolerate some risk, and I'm not trying to be greedy in holding out for sub 5's again, but I'm hesitant to lock in at 5.5% if there's a chance the rates might drop between now and mid-July to a level where my monthly payment is a little easier. Admittedly, I'm still getting up to speed on what affects the rates and am trying to understand the potential impact of upcoming events - such as the scheduled 24..."
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"I'm one of the many who could not lock in their rates until after the rates began their impression of an ICBM. My closing is scheduled for 1 Aug, but the seller is willing to slide that back two weeks if it helps with financing. My LO and I are in contact every day and initially she recommend we hold off on locking 60 days out due to volitility in the rates - at 45 she didn't quite know what to do. Next week I'll be 30 days out of the earliest I can lock and am not sure if I should jump..."
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