I just got a condo on auction, I already submitted all of my paper like W-2 paystubs bank statements and all, I put it in on 4-4-09, how much longer will I have to wait to close, I really want to know is it my broker that is taking her time or is it just a long process. I know for sure I have only until 5-20-09 to close. Now is she taking her time because she knows she has another month to go. And final question is this, my credit score is about 650 and I have 10% down, she lock me into a rate at 6.35, now other places like mom and pop brokers are telling me that they can get me at 5.75, is this true or are they just lying to me trying to get my business. So its been three weeks since I submitted my paper work to Wells Fargo Bank, can I try to check another lender since I still have another month to go. Pleas help guys

Unless you have signed a commitment to Wells Fargo to accept the mortgage then you can still shop around for another lender.

The process to set up a closing can take awhile. The question is whether Wells Fargo gave you a commitment to make the loan. If they did, then they should be ready to arrange a closing.