What is the name of your state? IL
We are refinancing a rental property....after several headaches, we finally got the "clear to close", we signed all the docs tonight, however the funds were amost $1100 short....closer could not get ahold of the mortgage company and mortgage broker called his person to check the numbers...turns out the tax was calculated incorrectly....the broker said they are the ones who funded the loan...why would the mortgage brokerage cut the check and not the lender?
We are refinancing a rental property....after several headaches, we finally got the "clear to close", we signed all the docs tonight, however the funds were amost $1100 short....closer could not get ahold of the mortgage company and mortgage broker called his person to check the numbers...turns out the tax was calculated incorrectly....the broker said they are the ones who funded the loan...why would the mortgage brokerage cut the check and not the lender?