Ok, I have applied for a sonyma mortgage in New York state and I was wondering how long it takes to actually receive a commitment letter stating that they will fund you or not. (My banker who is licensed to do sonyma mortgages just sent out the package with all our tax statements, income, dirvers lisc, ect) to them..Via fed ex...but I am so anxious as to how long this is going to take? The offer is already in for our home and our banker said we should close within 30-45 days but I heard they move like slugs at sonyma. I just want to be able to foresee any unknown delays or experiences anyone has had with them/ and or if you know the process going forward from here? Thanks a bunch....and please no smart answers. Thank you kindly
2006-07-17 15:50:00 · 2 answers · asked by biz lady 2 in Business & Finance ➔ Renting & Real Estate
Your bsnker should allready have a good idea if you're going to be approved or not. Hang in there and do what you need to do and everything should be fine. Good Luck.
2006-07-17 16:43:48 · answer #1 · answered by jimmy dean 3 · 0⤊ 0⤋
you received't get a dedication letter till your loan has been underwritten & you've a sparkling to close on the loan. a sparkling to close is even as all circumstances were met & chuffed by skill of the underwriter.
2016-12-10 11:09:10 · answer #2 · answered by Anonymous · 0⤊ 0⤋