Comments on: Reasons Why Underwriting Holds Up Providing a Mortgage Commitment Letter http://njretoday.com/2009/12/reasons-why-underwriting-holds-up-providing-a-mortgage-commitment-letter/ Office: 732-494-6800 Cell: 973-715-6210 Tue, 01 May 2012 12:44:19 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Angie Perez Realtor Edison, Union, South Brunswick http://njretoday.com/2009/12/reasons-why-underwriting-holds-up-providing-a-mortgage-commitment-letter/comment-page-1/#comment-8835 Angie Perez Realtor Edison, Union, South Brunswick Tue, 14 Feb 2012 18:25:50 +0000 http://njretoday.com/?p=828#comment-8835 Bob, on Feb 7th, I saw that you posted a question on njretoday.com regarding clearning mortgage conditions on your mortgage for a home purchase in PA on a VA loan. You are correct. In some cases, underwriting will ask the you to show proof that your student loans are in deferment. I apologize for the late response to your question as your comment was sent to our spam folder. I hope you loan was approved and that you are well on your way to purchasing your home. I can't say for certain as to whether or not this information will have to be verified wth the credit bureaus as each lender is different. What your report should show is that when you were making payments, if ever, your payments were on time. If you have any other questions, please feel free to reach out to me. http://njretoday.com 973-715-6210 Bob, on Feb 7th, I saw that you posted a question on njretoday.com regarding clearning mortgage conditions on your mortgage for a home purchase in PA on a VA loan. You are correct. In some cases, underwriting will ask the you to show proof that your student loans are in deferment. I apologize for the late response to your question as your comment was sent to our spam folder. I hope you loan was approved and that you are well on your way to purchasing your home. I can’t say for certain as to whether or not this information will have to be verified wth the credit bureaus as each lender is different. What your report should show is that when you were making payments, if ever, your payments were on time.

If you have any other questions, please feel free to reach out to me. http://njretoday.com 973-715-6210

]]> By: bob http://njretoday.com/2009/12/reasons-why-underwriting-holds-up-providing-a-mortgage-commitment-letter/comment-page-1/#comment-8813 bob Wed, 08 Feb 2012 06:52:07 +0000 http://njretoday.com/?p=828#comment-8813 Thanks for posting the article, very helpful! What about deferred student loans? I provided the loan officer letters from my student loan holders showing the payments are deferred for more than 1 year. I just got word that I received my loan approval this evening, and I'm waiting for a call tomorrow to hear my "conditions". Should I expect them to ask for any further proof of the deferment's since I provided deferrment approval letters directly from the companies? The loan officer said they may "verify" it with the credit bureaus, but when I called and asked them, thet said they only show the loans as being deferred, but do not show a date... With that, I added a personal statement to all of my bureaus stating the date of the end of deferment. My approval is for a VA loan in Pennsylvania through PNC Bank. Thanks so much for the help! Thanks for posting the article, very helpful! What about deferred student loans? I provided the loan officer letters from my student loan holders showing the payments are deferred for more than 1 year. I just got word that I received my loan approval this evening, and I’m waiting for a call tomorrow to hear my “conditions”. Should I expect them to ask for any further proof of the deferment’s since I provided deferrment approval letters directly from the companies? The loan officer said they may “verify” it with the credit bureaus, but when I called and asked them, thet said they only show the loans as being deferred, but do not show a date… With that, I added a personal statement to all of my bureaus stating the date of the end of deferment. My approval is for a VA loan in Pennsylvania through PNC Bank. Thanks so much for the help!

]]> By: Audeliz Angie Perez http://njretoday.com/2009/12/reasons-why-underwriting-holds-up-providing-a-mortgage-commitment-letter/comment-page-1/#comment-113 Audeliz Angie Perez Mon, 25 Jan 2010 10:09:46 +0000 http://njretoday.com/?p=828#comment-113 Thanks Jeff. We appreciate the feedback. :-) nice to know people find our content useful. Thanks Jeff. We appreciate the feedback. :-) nice to know people find our content useful.

]]> By: Jeff Green http://njretoday.com/2009/12/reasons-why-underwriting-holds-up-providing-a-mortgage-commitment-letter/comment-page-1/#comment-112 Jeff Green Sun, 24 Jan 2010 09:51:36 +0000 http://njretoday.com/?p=828#comment-112 Thanks for this excellent article. This will no doubt be helpful to many first time home buyer s as they begin the home buying process. Keep the good posting coming. Thanks for this excellent article. This will no doubt be helpful to many first time home buyer s as they begin the home buying process. Keep the good posting coming.

]]> By: Mortgage commitment conditions | New Jersey Real Estate | New Jersey Real Estate http://njretoday.com/2009/12/reasons-why-underwriting-holds-up-providing-a-mortgage-commitment-letter/comment-page-1/#comment-99 Mortgage commitment conditions | New Jersey Real Estate | New Jersey Real Estate Wed, 30 Dec 2009 05:13:50 +0000 http://njretoday.com/?p=828#comment-99 [...] Read more here: Mortgage commitment conditions | New Jersey Real Estate [...] [...] Read more here: Mortgage commitment conditions | New Jersey Real Estate [...]

]]> By: Twitted by digicapital http://njretoday.com/2009/12/reasons-why-underwriting-holds-up-providing-a-mortgage-commitment-letter/comment-page-1/#comment-98 Twitted by digicapital Wed, 30 Dec 2009 00:53:34 +0000 http://njretoday.com/?p=828#comment-98 [...] This post was Twitted by digicapital [...] [...] This post was Twitted by digicapital [...]

]]> By: Tweets that mention Mortgage commitment conditions | New Jersey Real Estate -- Topsy.com http://njretoday.com/2009/12/reasons-why-underwriting-holds-up-providing-a-mortgage-commitment-letter/comment-page-1/#comment-97 Tweets that mention Mortgage commitment conditions | New Jersey Real Estate -- Topsy.com Wed, 30 Dec 2009 00:50:33 +0000 http://njretoday.com/?p=828#comment-97 [...] This post was mentioned on Twitter by Audeliz Angie Perez and Denali Development, Sean Candy. Sean Candy said: Mortgage commitment conditions | New Jersey Real Estate http://bit.ly/8C1WQK [...] [...] This post was mentioned on Twitter by Audeliz Angie Perez and Denali Development, Sean Candy. Sean Candy said: Mortgage commitment conditions | New Jersey Real Estate http://bit.ly/8C1WQK [...]

]]>