September 14, 2019 at 9:00 am #59241srsmithMember
Hello, I am NACA QUALIFIED as of April 2019. Found a Home July 2019 went thru some hiccups local office was shut down….slot if crap. I was supposed to close Aug 23. Now we are looming g at Sept 23. We are at the tail end of the process. Bank app is in pre- decision. Need stamped bank statements from bank showing transaction history from Aug 16 to today. Went to the bank as usual and they have changed their policy. They cannot give the trans history stamped any more and if they do it has to be at the request of the lender. My MC refused to talk to them over the phone. Is there another way to get these histories in? The main branch at the bank refuses to stamp them. They will print them for me but no stamp or signature. Apparently someone committed fraud some weeks back so the policy had to be changed. How can I get thru this hurdle. My entire payment shock and MRF and closing money is in this account? Can I wire it to my other bank savings in order to get the signature and stamp bc Regions bank had no problems doing it. But my local credit union wont. Please help!September 14, 2019 at 12:48 pm #59282NelsontMember
That’s unusual. I actually had to get my statement bank stamped about 5 times! Once for qualification and then every time I met with my MC until closing. Anyway you don’t have to go to the main branch. Any branch will do. My credit union has 5 locations and they all stamp. But unfortunately naca does not and will not bend their policies. When you meet an impasse like this you will probably be asked to write a letter of explanation to see if the underwriters will accept the situation. Of course I suppose you could transfer your money but talk to your MC first. I can definitely see that causing major issues and delays. The underwriters in my experience do not connect the dots for things like this.
The only other thing I can suggest is calling your bank on speaker phone while at an appointment with your mc.September 15, 2019 at 7:57 pm #59627srsmithMember
Thank you for the insight. I was told by the teller to come back on monday and pick them up. I really hope I dont have a bunch of problems. My scheduled closing date is the week after next and I am already approved pending conditions. Which the conditions are the bank statements! And all of my closing money and MRF are in the place where they will not stamp them. No branch will do it around town. There are only 3 branches here in Little Rock. We ran into this problem before but the manager stamped it for me anyways but afterwards she got in trouble so my chances are slim to none. Keep your fingers crossed because I am almost done with the entire process and almost everything has been smooth.Besides my local office almost getting shut dow in the mist of me getting Bank App access! I will let yall know what they say in monday.
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