Lender neglected my rate lock during refinance. After poor communication and a delayed offer, rising rates force a rapid decision. Update: Revised terms impose higher costs.
i totally feel ya. i once had a brokr who didn’t follow up well. sometimes it’s best to contact the lender direct and get writes confirmations. miscomunication like that can really mess things up. hang in there!
I recently encountered a similar issue where timing and confirmation played a crucial role. In my case, I noticed several miscommunications between my broker and the lender, leading to an unexpected change in the rate lock. It turned out that relying solely on verbal assurances without proper written documentation was a mistake. I eventually learned to diligently follow up with both parties and request formal confirmations at each step. Double-checking details and clarifying deadlines upfront might prevent such oversights, even when external conditions cause unexpected rate movements.
I’ve been there too—miscommunication is such a headache. I ended up confirming every detail in writing. Did you try reaching out directly to the lender for a more reliable confirmation? I’m curious how you decide your next move when these issues arise.