Bridget's Blog


Will The Government Shut Down Affect My Mortgage Loan Approval?

Will The Government Shut Down Affect My Mortgage Loan Approval?


It may.  It could depends on how long the shut down lasts, but it could also depend on lender underwriting verification requirements.

Will the government shut down affect my mortgage loan approval


Though the loans are underwritten and funded by the individual lender and not the individual government offices, their approval, as well as that of conventional financing may be delayed, but probably not for what you think.

Most lenders require  tax transcripts to verify income, and verificiation of Social Security numbers to verify identity.

Will the government shut down affect my mortgage loan approval        Will the Gov't shutdown effect my mortgage loan approval

IRS and SSA services are unavailable.  These services will remain offline as long as the government shutdown is in force. 

If your lender has not already received these reports on your loan, the loan closing may be delayed.

Check with your lender to determine their requirements and progress on your loan file. 



Will the government shut down affect my mortgage loan approval  It may.

Warm Regards,

Bridget McGee  Maryland Mortgage Mama  NMLS# 196068  SWBC Mortgage.   410-960-2061 EHO or


If you are considering purchasing a home in Maryland and want to be sure you are mortgage ready, my brother Tony and I will be happy to help! We help to make the mortgage process a pleasure! 

If you already own your home, we are happy to provide a no-cost mortgage review to help you to determine if refinancing may be in your best interest.  Please contact me at 410-960-2061.

Comment balloon 3 commentsBridget "Mortgage Mama" McGee • October 01 2013 08:05PM


My primary concern with two new deals I have are getting the IRS transcripts, keeping my fingers crossed.

Posted by Suzanne Taylor, Home Sales In Corpus Christi, TX (Ultima Real Estate - Corpus Christi) about 7 years ago

Hello Suzanne,

This can be a problem depending on how long this shut down last. If for a few more days, no problem. A few weeks then files get held up.

We are proactive with this and have already implemented a policy to fund files without transcripts and found out today we can fund files with furloughed government workers. We are trying our best to not disrupt service.

I hope this passes soon.

Posted by Joel Burlingame, A Financial Planning Approach to Mortgage Lending (Fairway Independent Mortgage (909) 821-7447) about 7 years ago

Bridget, this is great information for would be buyers and their agents.  I'll pass this along to my readers.

Posted by June Piper-Brandon, Piecing Dreams One Home at a Time (Houwzer Inc) about 7 years ago