Bluestone Mortgages

Rickydewitt

Hi all. Our broker/packager submitted the application this morning. I was told bluestone are working on a 6 working day turnaround? Is this right? Broker said we should hear something next weds/thurs with accept subject to valuation or further questions. Is this also right? 

Trying to understand what the process is once the app is submitted. Can anyone share or help with their experience? 

mortgagetakingages

Rickydewitt said:

Hi all. Our broker/packager submitted the application this morning. I was told bluestone are working on a 6 working day turnaround? Is this right? Broker said we should hear something next weds/thurs with accept subject to valuation or further questions. Is this also right? 

Trying to understand what the process is once the app is submitted. Can anyone share or help with their experience? 

I think they do an initial review/underwrite then valuation then a snr underwriter does final checks. 

6 days sounds pretty quick tbh. It took over 10 days before they tasked valuation for me and now I'm waiting for the "final" underwrite and checks. 

Rickydewitt

mortgagetakingages said:

Rickydewitt said:

Hi all. Our broker/packager submitted the application this morning. I was told bluestone are working on a 6 working day turnaround? Is this right? Broker said we should hear something next weds/thurs with accept subject to valuation or further questions. Is this also right? 

Trying to understand what the process is once the app is submitted. Can anyone share or help with their experience? 

I think they do an initial review/underwrite then valuation then a snr underwriter does final checks. 

6 days sounds pretty quick tbh. It took over 10 days before they tasked valuation for me and now I'm waiting for the "final" underwrite and checks. 

yeah I thought 6 days sounded quite quick, maybe that’s what they say but they take longer due to Covid-19 etc!! Did you have any questions or issues during the review/initial underwrite? Do they call for valuation after the initial review. 

mortgagetakingages

Rickydewitt said:

mortgagetakingages said:

Rickydewitt said:

Hi all. Our broker/packager submitted the application this morning. I was told bluestone are working on a 6 working day turnaround? Is this right? Broker said we should hear something next weds/thurs with accept subject to valuation or further questions. Is this also right? 

Trying to understand what the process is once the app is submitted. Can anyone share or help with their experience? 

I think they do an initial review/underwrite then valuation then a snr underwriter does final checks. 

6 days sounds pretty quick tbh. It took over 10 days before they tasked valuation for me and now I'm waiting for the "final" underwrite and checks. 

yeah I thought 6 days sounded quite quick, maybe that’s what they say but they take longer due to Covid-19 etc!! Did you have any questions or issues during the review/initial underwrite? Do they call for valuation after the initial review. 

They asked for one doc to be sent again because i missed off a couple of pages and that was it although they already had my entire life history so wasn't much more they could ask for. I'm assuming they did that then asked for valuation but right now all i know is the valuation has been successful and now I'm in a queue....

Rickydewitt

mortgagetakingages said:

Rickydewitt said:

mortgagetakingages said:

Rickydewitt said:

Hi all. Our broker/packager submitted the application this morning. I was told bluestone are working on a 6 working day turnaround? Is this right? Broker said we should hear something next weds/thurs with accept subject to valuation or further questions. Is this also right? 

Trying to understand what the process is once the app is submitted. Can anyone share or help with their experience? 

I think they do an initial review/underwrite then valuation then a snr underwriter does final checks. 

6 days sounds pretty quick tbh. It took over 10 days before they tasked valuation for me and now I'm waiting for the "final" underwrite and checks. 

yeah I thought 6 days sounded quite quick, maybe that’s what they say but they take longer due to Covid-19 etc!! Did you have any questions or issues during the review/initial underwrite? Do they call for valuation after the initial review. 

They asked for one doc to be sent again because i missed off a couple of pages and that was it although they already had my entire life history so wasn't much more they could ask for. I'm assuming they did that then asked for valuation but right now all i know is the valuation has been successful and now I'm in a queue....

Yeah I had to put together a letter for my broker explaining certain debts etc! Guess it’s waiting game for me now too. I will update if I hear anything 😊 glad to hear your valuation went well

mortgagetakingages

Rickydewitt said:

mortgagetakingages said:

Rickydewitt said:

mortgagetakingages said:

Rickydewitt said:

Hi all. Our broker/packager submitted the application this morning. I was told bluestone are working on a 6 working day turnaround? Is this right? Broker said we should hear something next weds/thurs with accept subject to valuation or further questions. Is this also right? 

Trying to understand what the process is once the app is submitted. Can anyone share or help with their experience? 

I think they do an initial review/underwrite then valuation then a snr underwriter does final checks. 

6 days sounds pretty quick tbh. It took over 10 days before they tasked valuation for me and now I'm waiting for the "final" underwrite and checks. 

yeah I thought 6 days sounded quite quick, maybe that’s what they say but they take longer due to Covid-19 etc!! Did you have any questions or issues during the review/initial underwrite? Do they call for valuation after the initial review. 

They asked for one doc to be sent again because i missed off a couple of pages and that was it although they already had my entire life history so wasn't much more they could ask for. I'm assuming they did that then asked for valuation but right now all i know is the valuation has been successful and now I'm in a queue....

Yeah I had to put together a letter for my broker explaining certain debts etc! Guess it’s waiting game for me now too. I will update if I hear anything 😊 glad to hear your valuation went well

I will update too. Currently its all quiet which im not sure if its good or bad!

ojh2112

mortgagetakingages said:

Rickydewitt said:

mortgagetakingages said:

Rickydewitt said:

Hi all. Our broker/packager submitted the application this morning. I was told bluestone are working on a 6 working day turnaround? Is this right? Broker said we should hear something next weds/thurs with accept subject to valuation or further questions. Is this also right? 

Trying to understand what the process is once the app is submitted. Can anyone share or help with their experience? 

I think they do an initial review/underwrite then valuation then a snr underwriter does final checks. 

6 days sounds pretty quick tbh. It took over 10 days before they tasked valuation for me and now I'm waiting for the "final" underwrite and checks. 

yeah I thought 6 days sounded quite quick, maybe that’s what they say but they take longer due to Covid-19 etc!! Did you have any questions or issues during the review/initial underwrite? Do they call for valuation after the initial review. 

They asked for one doc to be sent again because i missed off a couple of pages and that was it although they already had my entire life history so wasn't much more they could ask for. I'm assuming they did that then asked for valuation but right now all i know is the valuation has been successful and now I'm in a queue....

Hilarious 😂 

mortgagetakingages

ojh2112 said:

mortgagetakingages said:

Rickydewitt said:

mortgagetakingages said:

Rickydewitt said:

Hi all. Our broker/packager submitted the application this morning. I was told bluestone are working on a 6 working day turnaround? Is this right? Broker said we should hear something next weds/thurs with accept subject to valuation or further questions. Is this also right? 

Trying to understand what the process is once the app is submitted. Can anyone share or help with their experience? 

I think they do an initial review/underwrite then valuation then a snr underwriter does final checks. 

6 days sounds pretty quick tbh. It took over 10 days before they tasked valuation for me and now I'm waiting for the "final" underwrite and checks. 

yeah I thought 6 days sounded quite quick, maybe that’s what they say but they take longer due to Covid-19 etc!! Did you have any questions or issues during the review/initial underwrite? Do they call for valuation after the initial review. 

They asked for one doc to be sent again because i missed off a couple of pages and that was it although they already had my entire life history so wasn't much more they could ask for. I'm assuming they did that then asked for valuation but right now all i know is the valuation has been successful and now I'm in a queue....

Hilarious 😂 

Word from MA is I could hear by end of week! Excitement intensifies!

newton21

mortgagetakingages said:

ojh2112 said:

mortgagetakingages said:

Rickydewitt said:

mortgagetakingages said:

Rickydewitt said:

Hi all. Our broker/packager submitted the application this morning. I was told bluestone are working on a 6 working day turnaround? Is this right? Broker said we should hear something next weds/thurs with accept subject to valuation or further questions. Is this also right? 

Trying to understand what the process is once the app is submitted. Can anyone share or help with their experience? 

I think they do an initial review/underwrite then valuation then a snr underwriter does final checks. 

6 days sounds pretty quick tbh. It took over 10 days before they tasked valuation for me and now I'm waiting for the "final" underwrite and checks. 

yeah I thought 6 days sounded quite quick, maybe that’s what they say but they take longer due to Covid-19 etc!! Did you have any questions or issues during the review/initial underwrite? Do they call for valuation after the initial review. 

They asked for one doc to be sent again because i missed off a couple of pages and that was it although they already had my entire life history so wasn't much more they could ask for. I'm assuming they did that then asked for valuation but right now all i know is the valuation has been successful and now I'm in a queue....

Hilarious 😂 

Word from MA is I could hear by end of week! Excitement intensifies!

Let us know! Apparently I’m due an update Thursday 😕 but I’ve not had valuation only soft and hard searches 🙄

mortgagetakingages

newton21 said:

mortgagetakingages said:

ojh2112 said:

mortgagetakingages said:

Rickydewitt said:

mortgagetakingages said:

Rickydewitt said:

Hi all. Our broker/packager submitted the application this morning. I was told bluestone are working on a 6 working day turnaround? Is this right? Broker said we should hear something next weds/thurs with accept subject to valuation or further questions. Is this also right? 

Trying to understand what the process is once the app is submitted. Can anyone share or help with their experience? 

I think they do an initial review/underwrite then valuation then a snr underwriter does final checks. 

6 days sounds pretty quick tbh. It took over 10 days before they tasked valuation for me and now I'm waiting for the "final" underwrite and checks. 

yeah I thought 6 days sounded quite quick, maybe that’s what they say but they take longer due to Covid-19 etc!! Did you have any questions or issues during the review/initial underwrite? Do they call for valuation after the initial review. 

They asked for one doc to be sent again because i missed off a couple of pages and that was it although they already had my entire life history so wasn't much more they could ask for. I'm assuming they did that then asked for valuation but right now all i know is the valuation has been successful and now I'm in a queue....

Hilarious 😂 

Word from MA is I could hear by end of week! Excitement intensifies!

Let us know! Apparently I’m due an update Thursday 😕 but I’ve not had valuation only soft and hard searches 🙄

newton21 said:

mortgagetakingages said:

ojh2112 said:

mortgagetakingages said:

Rickydewitt said:

mortgagetakingages said:

Rickydewitt said:

Hi all. Our broker/packager submitted the application this morning. I was told bluestone are working on a 6 working day turnaround? Is this right? Broker said we should hear something next weds/thurs with accept subject to valuation or further questions. Is this also right? 

Trying to understand what the process is once the app is submitted. Can anyone share or help with their experience? 

I think they do an initial review/underwrite then valuation then a snr underwriter does final checks. 

6 days sounds pretty quick tbh. It took over 10 days before they tasked valuation for me and now I'm waiting for the "final" underwrite and checks. 

yeah I thought 6 days sounded quite quick, maybe that’s what they say but they take longer due to Covid-19 etc!! Did you have any questions or issues during the review/initial underwrite? Do they call for valuation after the initial review. 

They asked for one doc to be sent again because i missed off a couple of pages and that was it although they already had my entire life history so wasn't much more they could ask for. I'm assuming they did that then asked for valuation but right now all i know is the valuation has been successful and now I'm in a queue....

Hilarious 😂 

Word from MA is I could hear by end of week! Excitement intensifies!

Let us know! Apparently I’m due an update Thursday 😕 but I’ve not had valuation only soft and hard searches 🙄

I only get credit club updates every month so I'm in the dark on searches. Just see soft searches from last month. I will be playing a trumpet here as soon as i hear anything