Underwriters and Over Writers...I am one fed up Realtor. Just like the great mobile phone commercial which says 'can you hear me now' I am all about setting the stage right now for lining up the underwriters who are overwriting everything that comes at them.
When you have a great first time home buyer with super credit, great job and the underwriters come back time after time on items that were clearly explained in documents, I believe, in the first submission. But...not in the words they wanted or stated as they wanted. How can you say it so many ways or show the documentation from all the vendors again and again.
They are again sitting on the loan package to the nth hour...I guess that is really ticking me off. When you have had it for so long why does this all come up 3 days prior to closing?
Is there something in this North Kingstown RI home buying process chain that the underwriter gods of the world can speak to?? There is so many touch points for new buyers but especially self employed ones especially now.
I tell my buyers who are self employed that the work you need to gather for your lender is like having another part-time job on the side. Sorry! It is the reality. Whatever I can do to make the process easier, let me know but truthfully the burden is on you...what the underwriter wants, the underwriter gets.
More grey hairs...like I need them. Underwriters and Over Writers.
Ginny Lacey Gorman is a North Kingstown Realtor who works and knows the Washington County RI geographic area of homes for sale, schools, happenings, important tidbits of information and businesses well. Waterfront, water view, ocean front, luxury and coastal RI real estate are her specialty, so call Ginny for your buying and selling home needs. As North Kingstown short sale agents, she and her team helps clients navigate successfully the rough short sale waters throughout RI, contact Ginny if you are having trouble paying your mortgage. When you are in need of an internet savvy RI realtor® who sells homes in this real estate market, call Ginny today at 401.529.7849.
This blog © and its contents is original to Ginny Lacey Gorman
Ginny L. Gorman a purveyor of Fine Waterfront RI Real Estate
Specializing in waterfront, ocean front, vacation, coastal and luxury homes for sale in North Kingstown, South Kingstown, Narragansett, Jamestown, Charlestown, East Greenwich, Exeter, West Greenwich, Westerly RI and beyond ... I sell dreams! because there is no place like home...the RI Realtor in the Sparkly Red Shoes.
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cell: 401.529.7849 office: 401.884.4100 ext.268 Ginny Lacey Gorman, Realtor