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FAQ~Can I Get Cash Back at the Closing Table?
  One question we frequently get asked is “Can I Get Cash Back at the Closing Table?”. It’s usually a FAQ that we get late in the process and by then if the answer is NO, it can be too late to do anything about it.
Once Upon A Time…four or five years ago when the litmus test for getting a loan consisted of breath fogging a mirror…all kinds of creative things happened with your house loan. No down payment was very common and it wasn’t unusual for the closing attorney to disburse money after settlement to the seller’s lender, the seller themselves, the attorney, the real estate agents and … wait for it … the buyer! Times have changed, haven’t they?
Here’s a bizarre and weird concept, lenders don’t want you purchasing a home if you are going to need them to make change at the closing table. What’s up with that? (If I knew how to make a tongue in cheek smiley face, I would). Here’s the well guarded secret … houses can be expensive to keep up with and maybe, just maybe if you don’t have the wherewithal to maintain a house - it might not be in ... more

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