I cannot believe how bad our experience has been with Bank of the West to secure a home loan. Good grief. It involved a 1031 Exchange, with almost 50% down, no credit problems, and their underwriters held things up because they couldn't figure out that there was a loan servicing change (same account numbers, same amounts,what in the world do they not understand???- they are supposed to be lenders???
Really, I recommend that any purchasers, with the slightest subtle issues re their transactions, run, not walk, away from Bank of the West.
I have been a real estate investor for over the last 30 years, and I have never seen anything like this! It should be made into a movie with Chevie Chase, "Christmas Transaction" read more