Wondering if any insight can be provided....
I have gone through pre-approval for a mortgage and have been pre-approved. I had to sign many conditional approval forms and provide all documentation... 1040s, W-2s, paystubs, ect. My P&S stipulates that I will supply my loan commitment by June 1st, which is just about 1 week away. I spoke to the loan officer late last week and they informed me I am all set to go, I just needed to provide my Insurance Binder. I understand that my loan officer does not want to get me nervous, but has been acting very confident about the loan.... I still do not have a formal commitment, so I don't feel secure yet. I have submitted everything including the insurance binder at this point.
Is this a good sign? Does it ever happen that the commitment is not given after insurance is requested?