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Am I panicking over nothing?
mair1
Posts: 35 Forumite
Am 100% borrower
submitted mortgage inquiry online - received AIP, made offer, offer accepted, submitted full mortgage application plus supporting paperwork - ie wage slips, current rental agreement, proof of ID, current utility bill and cheque for valuation. Valuation went ahead - (have a copy) and everything was fine. Called today to check mortgage offer progression and was told it has been sent to Head Office for final approval. Am I being paranoid or is this normal practice. Sorry to sound thick but dont really understand if this is because there might be a problem or because it's normally a head office that sends out the formal offer.
Would really appreciate any feedback
Many Thanks
submitted mortgage inquiry online - received AIP, made offer, offer accepted, submitted full mortgage application plus supporting paperwork - ie wage slips, current rental agreement, proof of ID, current utility bill and cheque for valuation. Valuation went ahead - (have a copy) and everything was fine. Called today to check mortgage offer progression and was told it has been sent to Head Office for final approval. Am I being paranoid or is this normal practice. Sorry to sound thick but dont really understand if this is because there might be a problem or because it's normally a head office that sends out the formal offer.
Would really appreciate any feedback
Many Thanks
0
Comments
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mair1 wrote:Am 100% borrower
submitted mortgage inquiry online - received AIP, made offer, offer accepted, submitted full mortgage application plus supporting paperwork - ie wage slips, current rental agreement, proof of ID, current utility bill and cheque for valuation. Valuation went ahead - (have a copy) and everything was fine. Called today to check mortgage offer progression and was told it has been sent to Head Office for final approval. Am I being paranoid or is this normal practice. Sorry to sound thick but dont really understand if this is because there might be a problem or because it's normally a head office that sends out the formal offer.
Would really appreciate any feedback
Many Thanks
I think you probably are- an application is normally signed off by a senior person after everything has been gathered- not to say they never get knocked back at this stage but it is unusual.
Hope this helps/reassures.
SSI am a fee charging WoM Mortgage broker.I now no longer give information and opinion within the Mortgage boards, because a number of posters who, having approached me professionally, agreed my fee-which has been been made very clear at the outset, taken my advice (normally cancelling a [home visit] meeting at short notice) have then approached one of the fee-free brokers on here to arrange the very same deal I have advised.Whilst I totally concur with the ethos of "money saving"- abusing the goodwill of a professional who provides a quality service is taking it too far! :mad:0 -
its normal hun ,the underwriters have the final say and thats where its going ,dont panic they will contact if anything needs looking atYou're not drunk if you can lie on the floor without holding on0
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Called today to check mortgage offer progression and was told it has been sent to Head Office for final approval.
perfectly normal. Happened to us when we applied for our first mortgage.0
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