Legal Question in Real Estate Law in Connecticut

house refinancing loan approval

we were approved for a refi loan and contacted to make our appt for the closing, our lawyer has not recieved the paperwork yet and the bank says they don't know what's going on. what do we do now?////////////// and can the bank change their mind after letting us know we've been approved?


Asked on 3/30/09, 6:39 am

2 Answers from Attorneys
John Heffernan Heffernan Legal Group, LLP

Re: house refinancing loan approval

The bank can change its mind, but does so usually only if something surfaces that wasn't revealed when it gave approval. Remember, though, that banks (many, not all) are swamped with refi's now and aren't ramping up hiring because they know it's only temporary. Give it a few days.

Read more
Answered on 3/30/09, 10:01 am
Linda Subbloie Linda A. Subbloie, Esq.

Re: house refinancing loan approval

Why don't you ask your lawyer? He/she should have some kind of answer, if there is one available.

Read more
Answered on 3/30/09, 1:04 pm


Related Questions & Answers

More Real Estate and Real Property questions and answers in Connecticut