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ok so if a mortgage broker send me this email and thats all it says about a client of mine in regard to their mortgage application what does that mean.
This is what it says ...
Approved-Hold on
How long till they can close - no one ever used this terminology to me before, so I am sorry to sound so stupid .....
Location: Mokelumne Hill, CA & El Pescadero, BCS MX.
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You are one of the good guys. I'm thinking hold on means: Hold on to something solid, our underwriting staff will be along soon to beat you up. Hope the good guys win one!
You are one of the good guys. I'm thinking hold on means: Hold on to something solid, our underwriting staff will be along soon to beat you up. Hope the good guys win one!
yikes !!!!!!
Well. I am going to have to email her back then lol, and get serious clarification. I'll have to post this story in our re forum when it is all over. It's been the craziest ride I've been on, guess I've been lucky. Let's just say I was losing A LOT of sleep over this, I would wake up literally with my hands in the air, like STOP ..... in the middle of the night. Yesterday I had some good news, ...... Ive been so productive today ... now this .......
Hah, those are good interpretations. My guess is that it's approved, and hold on while they give you a list of conditions that they will need to gather from various parties?
A short email like deserves a clarification. Perhaps they hit send too early?
Wow, never have seen "hold on" added to a pre-approval.
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