7. Finalizing Your Financing

Finalize Your Financing

 

What Your Lender Needs 

Your lender will require:

  • Copy of ratified Sales Contract (I will provide this.)
  • MLS printout for the listing (I will provide this.)
  • Documents pertinent to loan application (You will provide these.)

Your Lender will order the appraisal. (I will meet the appraiser at the home.)

Your Lender will prepare a new Good Faith Estimate of your settlement charges.

IMPORTANT: Please do not attempt to change lenders from the company which issued your commitment letter without fully discussing it with me. Changing lenders at this point creates the very real possibility of not being able to meet your closing date, defaulting on your financing and/or placing your deposit in jeopardy. Using an Internet-based lender is problematic. I cannot help facilitate the process when a client uses an Internet lender and service is poor. I highly recommend the use of a local lender.


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