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Originally Posted by sclarkdc What is the name of your state?
Iowa
We recently (Jan 6) closed on a refinance. In the refinance we were getting some money out to do some remodeling. We waited the mandatory days to recieve the money. Today (Jan 12) we recieve the money but it is short about $1,000.00. The title company who did the closing sent a note saying the payout on the original was higher than what was stated at the closing. The sent along a new settlement statement for me to sign.
My question is if I don't sign it, is the new mortgage voided? Am I entitled to recieve the amount that we originally signed for? Is this a common error? |
Q: My question is if I don't sign it, is the new mortgage voided?
A: No.
Q: Am I entitled to recieve the amount that we originally signed for?
A: Not under the facts you gave.
Q: Is this a common error?
A: Yes.
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