I am trying to get pre-qualified for a mortgage loan and the loan officer has not called or emailed!?

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I’m not sure if I should go somewhere else or keep on her. It’s been a week now. I know that every time your credit is pulled, it goes down.. which is why I really don’t want to go somewhere else to get approved. What should i do?
She has told me she would get back with me on Monday, but today is Thursday. It’s aggrivating b/c I want to buy before April 30th.. when the $ 8,000 tax credit ends!

  1. Reply
    April 29, 2011 at 8:48 pm

    One week is not an excessive time for processing a preapproval. Be patient. There’s more to the process than just “pulling your credit.” You will encounter lots of frustrating delays like this in the buying and escrow process – get used to it.

  2. Reply
    Beverly S
    April 29, 2011 at 9:14 pm

    Call her! If she told you Monday & hasn’t called it is not going to hurt to call her! She may be really busy, but she should have at least called & told you that! If you need to go elsewhere, you have plenty of time…

  3. Reply
    April 29, 2011 at 9:15 pm

    OMG! NEXT! Don’t waste time if they don’t answer promptly.

  4. Reply
    April 29, 2011 at 9:43 pm

    I agree with Beverly. I also wanted to let you know that your credit will not go down everytime your report is pulled when dealing with a big purchase (i.e. a home or car). You can have your credit pulled as many times as you want within a 30-day period for that purchase with it only counting once. So, feel free to shop around with lenders to get the best interest rate!

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