OK, I experienced a similar situation. I learned in my case that hey actually never tried to process the loan. I had very good credit scores but I was purchasing a rural property. They told me I had the loan and there was plenty of time to meet contract deadlines, but behind the curtain they waited until the contract would fail then tried a classic bate and switch. The wanted and extra 100K down and another half point, so I called their bluff only to learn they had a 417K lending limit. The loan was for over a million. I talked to Grant Holmes, Jason wouldnt return a call or email. I went to Stan the owner of the company and he refused to speak to me. His assistant Stephanie was a gatekeeper to field complaints. Over 4 weeks, not a single person at Peoples Mortgage ever kept a commitment or told me anything truthful.