documentation preparation

In South Carolina, how long does the lender have to prepare the closing package after the loan has been cleared to close? Is the mtg broker responsible if the loan does not close by the extension of the contract. The buyer has acted diligently and supplied all neccessary docs in a timely manner.

[HomeGuru]

Originally Posted by joseph killelea

In South Carolina, how long does the lender have to prepare the closing package after the loan has been cleared to close?

**A: what did the mortgage broker tell you?
******
Is the mtg broker responsible if the loan does not close by the extension of the contract.

**A: no, not if the delay is not due to the mortgage broker.
*******
The buyer has acted diligently and supplied all neccessary docs in a timely manner.

**A: sh*t happnes.