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For about two hours today, the mortgage underwriter told us they wouldn't be funding our loan, and that we couldn't buy this house. It came down to a difference of $3k between my W2 and the verification of employment form that my university HR department filled out. Neither side would budge, so the underwriter said, "Sorry. This loan is denied."
It turned out the difference was non-taxed income that went into my retirement account. Jesus, don't these people do this shit for a living?
So, anyway, they finally agreed to insert a letter explaining the difference into the file, and long story marginally shorter, the loan underwriter signed off on the loan today. If everything moves at the speed of light, we might actually close by Friday, only one week late.
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