It takes days for my MC to get back to me with a PSL and I’ve missed out on 4 homes because of it here. Each time i try on my webfile it says the payment is too high (no matter what numbers I input – taxes and all) . Multifamily purchase by the way. Also, no buy downs.
Is there any way to check my webfile to ensure that my property specific letter generator is pulling in my correct qualification amount? This has to be a systemic issue.
I’m pretty sure its because I got qualified back in May with a 3% interest rate. And the system is reading that saying that I’m not qualified for 3.125% interest so it keeps telling me that Im over the limit. Please let me know if there is anyway to regenerate my qualification letter or fix this in the system.