Conditional Mortgage Approval of FHA mortgage
Got an email last night that our mortgage was conditionally approved and there might be documents still needed by the underwriter. We submitted everything (w2, paystubs, bank statements, copy of down payment check, proof we have closing money). What else could they need? Our appraisal report still has not come back yet. I’m hoping that’s the reason it’s conditional. I reached out to my mortgage broker and he said he’ll look at the underwriter notes and get back to us. anyone else experience this? Just wondering what your experiences was if you got a conditional mortgage approval.
Got an email last night that our mortgage was conditionally approved and there might be documents still needed by the underwriter. We submitted everything (w2, paystubs, bank statements, copy of down payment check, proof we have closing money). What else could they need? Our appraisal report still has not come back yet. I’m hoping that’s the reason it’s conditional. I reached out to my mortgage broker and he said he’ll look at the underwriter notes and get back to us. anyone else experience this? Just wondering what your experiences was if you got a conditional mortgage approval.