Quoted:
I have a question regarding a heloc for investment property.

Applied 90-120 days ago.

Dti, and all info checked out 30 days ago and appraisal was ordered by lender. Was advised I didn't need to provide credit card. Appraisal more than covered requested amount of credit.

Lender told me to open an account with them and I did so, and the day after I get notified that the underwriter did the dti math wrong and I have to resubmit a bunch of stuff and it will take longer.

So my question at this point is, can I walk from this deal with no repercussions or collections, credit dings etc.
My thought is if my dti was not good enough to move to appraisal one should have not been ordered and running a business poorly costs.

As a general rule I pay all my obligations, but I am less than thrilled with the customer service, bad business and me feeling like a bait and switch was done.

Ims are ok as well.

Thanks!

Quoted:

Not to much experience here, but the only thing i think that would affect your credit is the hard inquiry they did