Underwriting response timeline

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    I am going through a re-qualification process, don’t even ask long story. My file came back a couple of times with conditions. I have been doing this process for over a year now despite the fact that I have most of my stuff line up except for my student loan situation. The file was submitted on last Thursday, does anyone knows how long it take for the underwriter to get back to me? My children and I are in a sucky living situation right now and praying we get to look for a house soon.


    Hello girlsmom,

    At this point in time, give it a week. You should hear something in the next day or two.

    I have been absolutely flabbergasted by the huge, unbelievable volume of files we are handling at the moment. The last thing any of us expected when we ended the live Achieve the Dream events in March was that things would actually get busier, but that is exactly what has happened!

    I can only guess that the virtual ATD events have resulted in a higher “quality” of files coming through the system somehow, but we submitted more bank apps to Bank of America in July than any other month in our history!

    Don’t ask me why, but everything is busier right now, including here on the Forum! It hasn’t been this busy since the foreclosure crisis. Member Services’ phones are ringing off the hook. Our online Qualification Workshops are filled to capacity weeks in advance and our Saturday Facebook Live workshops are now averaging more than 700 people each. Plus our other online workshops each week are all busy.

    As such, underwriting is up to its collective ears in work as well. But they still seem to be doing an amazing job, again because it seems each file is less of a challenge, has need for fewer conditions, and so on.

    Long story short, hang in there for a couple more days, and keep us updated here on the Forum.

    Tim Trumble
    Online Operations, NACA


    Thank you Tim. I am Anxiously waiting to hear from the underwriter. I hope my file will not come back with no new conditions.

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