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Old 06-03-2010, 01:40 PM
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Default How long should it take if r Mortgage broker

asked for rush approval? Flagstar bank FHA loan? We've now been waiting 10 days and still no word, he states that he now has our loan approved for "Rush Approval" ? It is an FHA loan, and it is through Flagstar, and we used a Mortgage Broker. This is crazy, our contract on purchasing the house is dangerously close to the deadline. Not to mention closing by the time to receive the first time home buyers credit.9 days until deadline.In contract before April 30, 2010, We have good income, no debit besides a car payment, no late payments etc. Although, my husband has a foreclosure from jan 07, before we were married, which meets the 3 year deadline.
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