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Top Ten Reasons Why the Lender Won’t Fund
I think we have all been there at one time or another - waiting for the wire from the lender while keeping up the small talk at the closing table. One of the worst I have experienced is hearing " the lender just folded". These top ten should keep your sense of humor razor sharp! Enjoy.
Top Ten Reasons Why the Lender Won’t Fund
The dog ate the deed of trust.
- The underwriter won’t accept red ink, she’s going to need the loan documents signed in actual blood.
- The termite report expires tomorrow, and if they fund today, the transaction would close on time.
- Your FICO score fell down a well and they are going to need special equipment to retrieve it.
- Your mom never answers the phone when they call for the Verification of Existence.
Good news: Your file is second in line for review.
Bad news: It will remain there as other files are constantly put in front of it.- They hired Tickle Me Elmo to do the appraisal and he wants to be tickled before he goes out to the property.
- They rejected the exception for a frozen embryo in place of your first born.
- The closing costs unionized and now want a raise.
- Oh you wanted money? Why didn’t you just say so?
Tni LeBlanc is a Real Estate Broker, Attorney, and Short Sale Agent serving the Santa Maria, Orcutt and Five Cities area of the Central Coast of California.
Copyright © 2012 Tni LeBlanc *Top Ten Reasons Why the Lender Won’t Fund*
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