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pigtail

131 Posts

Posted - 08/19/2008 :  10:54:14 AM
Which FHA lender will do spot approvals for a condo and not take a long time?
Rene Viloria

1826 Posts

Posted - 08/19/2008 :  10:54:49 AM
that is a nightmare man!
just in kase

473 Posts

Posted - 08/19/2008 :  12:00:36 PM
why is the spot apporval taking along time?
HUD says this is subject to DE underwriter determination / best effort. we have no addtional time for Spot apporvals. i can go over what documention is needed. justinkennedy@directcorp.com
Pat

623 Posts

Posted - 08/19/2008 :  1:14:28 PM
The underwriter does spot approvals, you just have to supply them with all the documentation.
clos25

419 Posts

Posted - 08/19/2008 :  1:16:04 PM
Did one with TBW few months ago, it took almost two months to do the deal. but that was also because Taylor BEan were swamped at the time.
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