Please send good vibes.

Iโ€™m literally days out from closing on a co-op apartment and the underwriter NOW wants more info on my student loans. The bank had my application & credit report for months. A commitment letter was issued. The co-op board approved meโ€ฆand all of it may collapse because of a last-minute reevaluation of my DTI ratio. ๐Ÿ˜ซ

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Posting as :
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๐Ÿ€๐Ÿ€๐Ÿ€ praying it goes through.

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Thanks!

How much in loans do you have outstanding?

Iโ€™ve heard multiple stories of banks asking for more details last minute in the last few months

Iโ€™d rather not say specifically, but itโ€™s more than $100K.

Do you know how those situations were resolved? Did those mortgages go through?

Good news: my mortgage was approved! Crisis averted!

BAD News: my closing was pushed back at least a week b/c the sellerโ€™s attorney had to take time off for a family emergency. Hope his family member is okay, butโ€ฆSIGH.

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