Mortgage Renig

02-13-2009, 10:31 PM

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Join Date: Feb 2009

Posts: 1

Mortgage Renig

What is the name of your state (only U.S. law)? Florida

We were preapproved for a conventional loan. So we drew up contracts to buy a house under those conditions. Once all inspections were done I get a phone call from the mortgage company stating that the agent who drew up our loan had been fired and they could not make good on the loan. The rate had been based on my score instead of my husbands. My husband is the bread winner, I am a stay at home mom. They want us to go FHA but that is going to cost us more money up front and monthly. Shouldn't they be obligated to make good on their contract.

Last edited by Tifani727; 02-13-2009 at 10:33 PM.

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