Open Mortgage has no idea what they are doing. They preapproved the buyer for my home and set the closing date for 30 days after the contract was signed.
For 3 weeks they said we are good to go, then week 4 rolls around and they need additional paperwork from the buyer, but it’s no big deal.
As we get closer to closing, we are asking everyday. Is this loan going through, sure they tell us.
Then closing date comes and goes, they just stop responding. 2 days after closing, they respond that the loan isn’t going through!
Let’s see you pre approved your borrower and told everyone it was a done deal for 3+ weeks.
In the meantime a family is stuck trying to find another place to live and I am stuck finding a new buyer, days after I thought I would be buying a new home also.
People, there are lots of mortgage companies out there. Please do your research.
This one gets bad ratings all over the place, Do your homework.