Bank of America Mortgage loan
Delay of processing refinance loan

I've had a refinance mortgage in procedure with Lender of America since July 1. The mortgage is stillnot prepared to near and there something amiss. I believe that it's very feasible the sluggish procedure has nothing related to mess or complacency in the lender but another thing completely. Does anybody understand how this lender prioritizes the loans that achieve the tables of the House Service Professionals and also the underwriters? If prioritizing is not completed by day and by first-come first-serve basis, how could it be determined? What's the determining elements to get quick interest? I believe it's anything related to cash and that Iam thinking if many others and myself have been in a specific refinance scenario that doesn't manage us the fastest interest. For example I curently have a-6% home loan using the lender along with a collateral credit line which I pay interest-only. The fact is, the financial institution will quickly drop income when it's transformed into a-4%. Therefore, exist others available in my own scenario?

Company: Bank of America Mortgage loan
Country: USA
State: Washington

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