Sunday, September 20, 2009

FHA loans

Aaaargh!! So we had our first FHA loan closing in a long time this past Friday - what a mess. Note to lenders - communication is the key to a succcessful closing.There were so many parties involved and they couldn't talk to each other and sent faxes with no cover sheets and no explanations and fedex packages with no cover letters - it was a mess. It is amazing to me that they don't think to disclose important instructions for funding and just expect that we'll have ESP or something - eeeek!

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