I am on day 143 of my loan. The loan is for $260,000 and it appraises for $550,000.
Everything has been done including the survey, and now after 140+ days, I am being told that they need more documents. I have been approved 3 times, then they say oh wait, we need this and this.
This is not my first rodeo, I have refinanced before, but Quicken Loans keeps stalling hoping to find something they can change or cancel the loan. They do not do what they say and as far as I am concerned, they are using false advertisement. I think they just bring on new clients to be able to look good for their investors.
By the way, my credit score was 800+ when this all started.
Pros and Cons:
Bottom Line: No, I would not recommend this to a friend
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