closing a loan: Approved For A Loan? You Better Close As Quickly As You Can!
- 10/18/08 11:45 PM
Last week I was supposed to close on a contract.....Hooray! Well it seems there were a few delays...I can't blame the buyer...or the selling agent..or the loan officer.....there is no point in blaming.. The reality is... Approved for a loan? You better close quickly because guidelines seem to be changing every day! While the loan was approved...a few conditions popped up...not extraordinary conditions but conditions you would not expect for an A + borrower. Conditions that would require everyone to sit and wait... Not good especially when trying to close on a short sale. Times have changed...loans have changed..and so has (16 comments)