Wednesday, January 29, 2014
So I stated a little while ago about NVR was telling me I need WAY more at closing. The papers I signed say we need X amount- it's not much because we rolled in closing costs. Then my loan processor states I need a decent amount more but when I spoke to my loan officer, he says no, wrong, I will get you updated numbers. My updated numbers still aren't here- apparently due to an addendum they are waiting on from RH. Last week I get another email followed with a replica letter that came on Monday stating I need to liquidate funds, again! So Nick spoke to out loan officer yesterday and he says ignore, still waiting on RH so I can redo numbers. Literally an hour later my loan processor sent an email saying I need to come up with XX- now even MORE than the inflated amount before! Call sales rep, loan officer and processor. Sales rep off but responds to email (his hands are really not in this pot as he's not NVR per say- but Chris gets us answers), processor says she needs to talk to LO- which then she calls back and says still numbers aren't right and to wait for new ones and LO never calls back but emails at 830 last night stating my closing costs are lower, about 4k lower, than what the processor is telling me and still waiting to updat the numbers. This 4k lower is still double the amount! My take on this is two fold- NVR isn't communicating with each other or they playing bait and switch. We were very clear up front the amount of money we could bring to the table and if that didn't work, then no house. Since we signed the agreement- I only added on an additional 5k in upgrades- how does that increase closing by 4k when that goes into the loan amount? I guess there isn't a whole lot I can do until I get the redone paperwork and see exactly the amount, but I am not pleased. That's an understatement!! Did anyone else have this happen- given an estimate for closing then told WAY more??