US Bank Mortgage Fraud Internet, North Carolina

After my husband (a retired, disabled vet) accepted a federal position in Birmingham, AL, we were very excited about the move and our new life.It took 3 months but we finally found the house we wanted.Having excellent credit (high 700's and 800's), no liabilities, we shopped and applied for a mortage loan with a wonderful rate of 4.25%and was assured there would be no problems.Everything went perfectly, a closing date was set for Dec 27th - that is until the underwriter with US Bank decided late in the day on Dec. 23rd to deny the loan, supposedly because he/she did not like the appraisal (mind you, the appraisal came in HIGHER than the contract amount).Of course, being before the holiday's, everyone was closed so nothing could get resolved.Needless to say, we did not close on the 27th, and the seller could not close on his new house, and I don't know how much further the effect trickled.After the holiday, the appraisor went back to the house and tried to explain to the underwriter how he arrived at his figures, but we were told by the loan processor that "she did not think the underwriter and the appraiser would agree regardless of what transpired" so it was useless to continue.So, we get to start all over with a new mortgage company, again paying processing fees, credit report fees, and a higher interest rate,etc.It is very obvious to everyone that because the rates went up, US Bank was not interested in funding at the locked in lower rate.We will be filing formal complaints with VA in hopes that they will be removed from their lendor list.My advice to everyone, find out who the underwriter is with on your mortgage loan and if it is US Bank, head the other way!It is just a waste of time and money dealing with them and I intend on making sure that everyone I can reach out to, knows it.