You didn’t pick the “slowest bank ever”—but some lenders are definitely better than others at keeping things moving. If you want advice or a second opinion on your application, Dream Home Mortgage’s experts are happy to help review your file and recommend next steps! Visit Now!
You didn’t pick the “slowest bank ever”—but some lenders are definitely better than others at keeping things moving.
- Been through a couple refis myself. Some lenders just drag their feet, no matter how organized you are.
- If it’s been more than 30-45 days, I’d start nudging your loan officer for updates.
- Double-check if they’re waiting on docs from you—sometimes it’s a missing paystub or insurance info holding things up.
- Switching lenders mid-process can slow things down even more, so weigh that carefully.
- Honestly, patience is key... but don’t be afraid to push for answers.
Switching lenders mid-process can slow things down even more, so weigh that carefully.
Yeah, I learned that the hard way once—thought jumping ship would speed things up, but it just reset the whole clock. One thing I’d add: sometimes the underwriters get backed up and your loan officer won’t always admit it. If you’re not getting clear answers, ask for specifics about what’s holding things up. It’s annoying, but sometimes just being persistent gets you bumped up the list.
Honestly, you nailed it with this:
. Drives me nuts. I’ve had files sit for weeks with zero updates, only to find out later it was because the underwriting team was swamped or someone went on vacation. It’s frustrating, but you’re right—if you keep asking for specifics, they usually have to dig a little and give you some kind of answer.sometimes the underwriters get backed up and your loan officer won’t always admit it
Switching lenders mid-stream rarely works out better, in my experience. If you’ve already got your appraisal done and docs in, starting over is almost always a setback. I know it feels like you’re stuck in limbo, but persistence does pay off sometimes. Have you noticed if they’re asking for the same docs multiple times? That’s usually a sign something’s off behind the scenes. Hang in there—refis can be a patience test, but you’re not alone.
I get what you’re saying about not switching lenders, but I actually had a different experience last year:
- My first lender kept dragging their feet—lots of “we’ll get back to you soon” and repeated doc requests.
- After three weeks of radio silence, I bailed and tried another lender. They picked up my appraisal, and I closed in about two weeks.
- It was a hassle, sure, but the new team was way more responsive.
Guess it really depends on who you’re dealing with. Sometimes starting over isn’t as bad as it seems, especially if you’re getting nowhere. Just my two cents.