Jump to content
Member? but forgot everything, can't log in... Frozen out??? ×

Attention New Brokers
THIS IS A POLITICS-FREE ZONE.

What happens when rate expires AFTER signing?

clarrkkent

By clarrkkent,
in Mortgages

 Share

The last post in this topic was posted 1124 days ago. 

 

We strongly encourage you to start a new post instead of replying to this one.

Recommended Posts

clarrkkent

clarrkkent

Posted
Posted

I started the refinance process a LOOOOONG 64 days ago. I signed documents on Wednesday this week and haven't heard a peep about closing other than a request for employment verification this afternoon. Turns out my rate lock expires today and it appears the loan hasn't closed. The lender offers complimentary rate locks and has been extending it each time the deadline is met. I didn't receive any such documentation today and, of course, I can't reach anyone on the loan team since it's after hours. 

 

Wondering if I'm screwed. And by screwed I mean the rate I selected is now $2500 more expensive for closing costs (swinging from partial credit to now paying points). 

Link to comment
Share on other sites

The last post in this topic was posted 1124 days ago. 

 

We strongly encourage you to start a new post instead of replying to this one.

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
 Share
Go to topic listing



  • Member Statistics

    • Total Members
      187198
    • Most Online
      2046
    MischaAMelum
    Newest Member
    MischaAMelum
    Joined

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.

Pages

×
×
  • Create New...

Important Information

Guidelines

  I accept