Mal W.
I was in the 2% whose loans didn't…
I was in the 2% whose loans didn't close on time. It was very frustrating. I received conditional approval August 29. Despite putting down more than 20% and having median credit scores above 800, we didn't close until September 17 at 9:30 p.m. When I did more research, an email showed that the mortgage was being processed by a third party, and that Tomo had to bring it back in house to complete it within the already delayed time frame. After all that, the mortgage was sold before the first payment was even due! I'm still getting junk mail from marketers about my Tomo mortgage, even though the mortgage was sold. Pricing was good, service was not so great.




