Will You Be Stranded At The Closing Table With No Mortgage Money?

This week, several high-profile companies stopped funding mortgage loans including ABC, American Home Mortgage, mTeam Financial, and HLB. What to do if you are a home buyer: Call your loan officer Confirm that your mortgage approval is not impacted What to do if you are a home seller under contract: Call your real estate agent, attorney, or whomever Find out if your buyer's mortgage approval is impacted What to do if you get "bad news" that your loan won't fund:...

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[Source: The Mortgage Reports Blog]