Refi Funding Question

[bluzeslider]

What is the name of your state?What is the name of your state?What is the name of your state? California

I signed docs on 02/25/05 to refi my house. As of tomorrow I will be 2 mos. past due on my mtg. pmt. The broker I'm dealing with stated the mtg. pmts. would be taken care of.

My question is this; I am two mos. behind on my payments with my current lender. Is the new lender likley to still fund the loan? I assume even though I have signed the documents, the new lender still has a lawfull right to not fund the loan. Is this true?

 

[seniorjudge]

Q: My question is this; I am two mos. behind on my payments with my current lender. Is the new lender likley to still fund the loan?

A: I doubt it, but you never know.


Q: I assume even though I have signed the documents, the new lender still has a lawfull right to not fund the loan. Is this true?

A: Yes.

 

[bluzeslider]

Thank you!!

Thank you for your answer!!

 

[seniorjudge]

Thank you for your answer!!

You are welcome....