I am plotting on refinancing my car loan but I reckon my current mortgage payment will affect the banks choice. So my question is, when they question what my mortgage is, should I include escrow or just principal and interest?
I have am purchasing a home and escrow closes in 3 days. I signed the loan documents and have paid my closing costs. Today I get a phone call stating that the bank no longer offers the loan that I was to recieve. I had already signed the documents and had them noterized. Now they are saying that I no longer have a loan. My lender is a private lender but is stating that the bank no longer carries this type loan. I am not sure what my rights are. Can a lender retract a loan due to no longer carrying that paticular loan after the documents have been signed and the funds have been released. Somebody please help escrow is due to close on Monday.
We have not clogged on the home but we are very close. When I went in to sign loan docs, my payment went up and they made a bunch of excuses as to why. I was dumb, felt pressured, and signed. Can I do a touch to extend escrow so I can see if another lender can do better?
we already been pre approved through two banks for the amount of 170,000 but we found a home for 133,000 made an offer an it was accepted. Do we have a better chance for getting the loan? Would you feel confident about the bank giving us the loan? We only have a month left in escrow or it could be sonner.
We refinanced our home 3 years ago and also bought title insurance as needed per our lender supplies. Now we get a deliquent tax bill ( I do not know why the delay) for our real estate taxes for that year. Our lender said it should have been paid during closing of our refinance. I called the escrow company and they say there was no check distributed for real estate tax. The amount owed is over $3000 (which we don’t have). Plus the district says we have one month to pay it. AHHH. Does title insurance cover this?
Thank you for all of the quick answers. The title company shows my 2003 tax bill as being paid. I guess I get to go fight city hall….again, thank you soo much. I was freaking out.