HOME LAW INSURANCE

Search      

Go Back   FreeAdvice Legal Forum > REAL ESTATE LAW > Mortgages, Refinancing & Foreclosure
Register FAQ Members List Calendar Search Today's Posts Mark Forums Read



               


Reply
 
LinkBack Thread Tools Rate Thread Display Modes
  #1  
Old 10-18-2005, 01:37 PM
Junior Member
 
Join Date: Oct 2005
Posts: 1

Refinance Funding


What is the name of your state? Wa.
Can a mortgage company continue to ask for more documents even after
we have signed the loan, and even after the loan is past the rescissions date?
Do they have to fund the loan the day after the rescissiond date?
Reply With Quote
  #2  
Old 10-18-2005, 01:42 PM
Senior Member
 
Join Date: May 2000
Location: Catatonic State
Posts: 71,213
Quote:
Originally Posted by dcrk98
What is the name of your state? Wa.
Can a mortgage company continue to ask for more documents even after
we have signed the loan, and even after the loan is past the rescissions date?
Do they have to fund the loan the day after the rescissiond date?
**A: what the heck are your circumstances? Stop confusing us.
Reply With Quote
  #3  
Old 10-18-2005, 01:43 PM
Member
 
Join Date: Mar 2002
Posts: 218
You probably signed a compliance agreement stating you'll agree to cooperate to fix any errors or ommissions. Technically they could sue you if you don't. Not likely they would do that but why take the chance? I'd just cooperate with them.
Reply With Quote
  #4  
Old 10-18-2005, 01:43 PM
Member
 
Join Date: Sep 2004
Location: Philadelphia, PA
Posts: 363
[quote=dcrk98]What is the name of your state? Wa.
Can a mortgage company continue to ask for more documents even after
we have signed the loan, and even after the loan is past the rescissions date?

Yes. In one of the documents you signed, you agreed to allow for corrections and completeness so they would have a marketable loan on the secondary market.

Quote:
Originally Posted by dcrk98
Do they have to fund the loan the day after the rescissiond date?
As opposed to before? Yes.

Can they hold up funding if you haven't completely signed their closing package?
Yes.
Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is Off
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On
Forum Jump



Find a Lawyer
Step 1:
Step 2:
 
Find a Lawyer
Post Your Case
Post your case and have it reviewed by a highly respected attorney. NO Cost, NO obligation, NO Fees! Get started now »
Get Legal Forms
Download 36,000+ forms »


All times are GMT -5. The time now is 09:19 PM.

Contact Us - FreeAdvice - Archive - Privacy Statement - Top                                        


IMPORTANT NOTICE
THE VIEWS EXPRESSED ON THIS PAGE WERE NOT REVIEWED BY THE EDITORIAL STAFF OR ATTORNEYS AT FREEADVICE.COM. Thousands of professionally prepared and reviewed questions and answers in 130 legal categories are to be found at the Question and Answer pages at FreeAdvice.com.

F
reeAdvice Forums are intended to enable consumers to benefit from the experience of other consumers who have faced similar legal issues. FreeAdvice does NOT vouch for or warrant the accuracy, completeness or usefulness of any posting or the qualifications of any person responding. Use of the Forums is subject to our Terms and Conditions which prohibit advertisements, solicitations or other commercial messages, or false, defamatory, abusive, vulgar, or harassing messages, and subject violators to a fee for each improper posting. All postings reflect the views of the author but become the property of FreeAdvice. Information on FreeAdvice or a Forum should not be relied upon and is not a substitute for advice from an attorney licensed in your jurisdiction who you have retained to represent you. To locate an attorney visit AttorneyPages.com. Copyright since 1995 by Advice Company. All Rights Reserved.