Hey all, so i have a question. My file went to underwriting for FHA on Monday, today my LO called me and told me all ok underwriter came back with needing some additional information but my LO already had it since i had submitted it just in case. With that being said, file is gone to Housing for the down payment assistance underwriting process. My questions, does anyone know how long it usually takes (closing date is scheduled June 2)? What is the likelyhood of approval or denial of the $ 5,000 down payment assistance if i was already approved for the larger part of the mortgage?
This whole process has my nerves beyond wrecked.