What does the lender review after I sign my loan documents?
My husband and I just signed our loan documents for our first home on Friday night. It is an FHA loan. The notary stated we would get keys next Wednesday. The lender has to review the signed documents before they wire the funds. What exactly does the lender review at this point? I’ve heard a multitude of things such as they run your credit again, check your employment status, etc…
All of those things will happen. With an FHA loan, every detail has to be exact.
And it seems as if even though you signed the closing documents, the loan has not yet been funded: that usually takes a day or two.
November 30th, 2009 at 9:17 am
All of those things will happen. With an FHA loan, every detail has to be exact.
And it seems as if even though you signed the closing documents, the loan has not yet been funded: that usually takes a day or two.
References :
Realtor