Tag Archives: Loan Documents

When Can a Home Loan Lender Back Out of a Loan?

3
home loan

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.

What Is a Black Out Dealing with Income/finance or Mortgages?

1
mortgages

She says she gave her independent mortgage broker, a relative, proof of her income and its source. But loan documents show that her monthly income was reported to be $1,100, more than twice the real amount. A letter from the Social Security Administration served as backup documentation, but the amount of income had been (((blacked out))).

what does this mean????

In the State of California, How Can I Get the Court to Have My Ex Refinance a Car That We Bought?

Reply
refinance

My ex wife and I bought a 2004 vehicle when we were still married. We separated in 2006, and have been divorced since 11/07. My name is still on the loan documents, even though the divorce settlement says that she has sole possesion of the car. She is constantly late with the payments, and my credit rating is suffering greatly. How can I go about having the court break down her to refinance the vehicle in her name?