Legal Question in Consumer Law in California

Legally binding contracts

i am refinancing my home. I signed a contract and it was notarized. 3 weeks later, the mortgage company is saying that my loan was rejected and now I have to resign papers at a 20 yr. term ( the original was 30 yr). Isn't the first contract binding since it was offered by them and I signed it in front of a notary?

If you could get back to me as soon as possible, I WOULD APPRECIATE IT. I am supposed to sing the new papers Tues. 8/7/01.

Thank you,

--name removed--Qualls


Asked on 8/05/01, 10:20 am

1 Answer from Attorneys

Ken Koury Kenneth P. Koury, Esq.

Re: Legally binding contracts

depends on the wording of the contract.

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Answered on 8/07/01, 10:39 am


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