What a Change in Circumstances Can Mean for Your Closing
July 12, 2010
"Creativity means believing you have greatness." - Dr. Wayne Dyer
Deanna and I are off to take our third exam for our SC license; which brings us to next weeks topic of the different between being licensed and registered. Do you want to work with a non-licensed professional after all the changes we have seen?
Quick reminder/update:
Please remember if an appraisal does not come in for value and anything about the loan has to be changed - amt. lowered, PMI added or loan program changed. This is a change in circumstances and a delay to closing. If the program changes then there is a 7-day delay from the date the borrower signs new disclosures. A change in loan amount is a 3-day delay from date of customer signature.
All our best for the upcoming week.
@ The Valeo-Croy Team, we are here for you.
The Valeo-Croy Team - (704) 366-7711
Todd Croy - NMLO license #91428
Deanna Valeo - NMLO license #91421
Accessible | Program Expertise | On-Time Closings
The Valeo-Croy Team and Cunningham and Company Mortgage Bankers are Equal Housing Lenders.
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