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[quote=Anonymous]If it makes you feel any better:

This happened to me too as a naive and rushed first-time buyer. Lender A (ahem, Quicken) pulled a similar trick after we were under contract (completely changed what they were offering on a technicality/ manufactured excuse, in this case something to do with my name not being on a lease several years prior - I had lived with a friend several years prior and only her name was on the lease). Then they asked me questions over the phone and got me to say that I thought I could maybe increase my down payment if I emptied a 401(k),  and voila, suddenly they had started a different loan application that in their estimation I could get, abs lo and behold I learned my financing contingency didn't apply.

I really wanted the house bc I was moving back from abroad and was 9 months pregnant. So I called other lenders based on recommendations and found a great one who was able to get me a good mortgage and close on time. I had to take 20k from an old 401k to increase my down payment  and pay the penalty on that, which I'm sure will shock and horrify most readers on this board. However, I saved a year of wasted D.C. rent and got a year of appreciation on my NW DC house - which represented $100k. So, it worked out for me.

Good luck![/quote]

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