Quote:
Originally Posted by Yorkiedaze  They are probably grouchy by now because they probably had a million people jump all over them because of the same reason. I do know that one of the Mortgage company's sent every single person who has mortgaged a home with them, a letter stating that they are not giving out any more equity loans. We have always felt secure in the fact that we have quite a bit of equity built up to borrow from just in case we ever needed it, so we called the company to see why we got such a letter and was told everyone got the same letter, but we could get an appraisal done and get accepted. So the cost of the appraisal was $350.00. Kind of silly just to get approval.
So you see, your not alone in the problems that are going on these days with home buying or borrowing. Just wait it out and try again when things start to climb again! |
I sooo can't wait for the economy to get better.
