Pending decline

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    Yesterday my lender status was pending suspended, today it says pending decline with the same condition which is to have the seller agree to drop the price $250 to match the appraisal. Any insight on why this went from suspended one day to decline today? My realtor sent the addendum to drop the price by $250 today to the sellers. There obviously going to sign it but we just haven’t gotten it back yet. Any insight will help


    I wouldn’t worry about it. Suspend means they reached a stopping point. Decline means meet the condition or else. Why it was one and then the other is probably an internal thing and why it only took 1 day is also probably internal. But since you are going to meet the condition it won’t matter.


    Hello SkinsNation,

    Nelsont explained it well. Long story short, just get the addendum completed and submitted and you will be fine.

    Tim Trumble
    Online Operations, NACA


    Thanks NelsonT and TTrumble for your responses

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