Can I sue a Mortgage Company?
Can I sue a mortgage company
We made an offer to buy a house in southern California so I let the lender know so he can work on the loan. I give them every single document they ask me for. I paid for the Appraisal but I think they never send the Loan to the Underwriter since every time I ask them to show me something to make sure they actually send the Loan file to the underwriter. They just tell me don’t worry about it we are going to get the approval today or tomorrow but this is the same answer i get for the last three weeks. And the due date to close escrow is 10/29/10 and i afraid that the bank wont give us an extension since we don’t have the underwriter approval yet and we already give the escrow company $ 5000 plus $ 485 from the appraisal. or what can we do to get the money back.
The Loan is FHA and is a Short Sale.