We are currently in the process of buying a house, we've had the offer accepted, but we've been informed by our broker that the mortgage application has been selected for auditing, therefore delaying the process.
Does anyone have any previous dealing with this situation? Length of time this takes? (Even though the offer has been accepted, the house is still on the market!!)
Likelyhood of being declined or accepted?
PS. It is a 85% LTV mortgage and have a very good credit rating.
Bit stressed
Does anyone have any previous dealing with this situation? Length of time this takes? (Even though the offer has been accepted, the house is still on the market!!)
Likelyhood of being declined or accepted?
PS. It is a 85% LTV mortgage and have a very good credit rating.
Bit stressed