The loan that I originated back in February, finally closed today. I truly can't believe it! There are so many stories to tell from this one little loan. People involved will be talking about it for years to come, seriously!
1. Customer enters into a contract to buy their first house.
2. Underwriter does crappy job underwriting loan and the investor took forever on their end, so the loan closing was delayed until April 29th.
3. At the closing, the attorney discovers after reading the trust that the person selling the house DOES NOT OWN THE HOUSE. He can't even sell it. *Also, the attorney was not provided a copy of the trust until thirty minutes before the closing, despite many attempts to get it throughout the two weeks prior to closing.
4. The true owner of the home is contacted that evening and agrees to sell the house.
5. A new contract is created and is signed on April 30th...the last day for the buyer to qualify for the tax credit. It's a miracle!
6. The loan closed today....another miracle.
That was the really really nice version of the story. The version that doesn't defame any one's character.
I'm adding a picture that has no relevance to the post, but it has been requested by my husband that a picture of Boom always be added.
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