The home buying process is just that: a process. In most cases, the loan applications can take four to six weeks or longer to complete, depending on the applicant, the financial institution, and other factors. Receiving a “clear to close” is the last step in the loan approval process. Once you’re cleared, it’s generally smooth […]
How to Avoid Being Denied After Clear to Close
You’ve found the perfect home, made an offer, completed all the paperwork with your lender, and you receive the exciting news: you’re “clear to close.” For many homeowners, it’s the news they’ve been waiting for: the finish line to a long and sometimes arduous process. However, a clear to close is not the finish line. Unexpected […]
Can A Credit Report Stop Your Closing? Loan Denied!
Sensitive topic here for sure…but an important one, none the less. The scene is: you have done everything you were supposed to. You applied for a loan, provided the lender all of the necessary documents and after a month of back and forth you have received the coveted “clear to close.” Excited, you start getting […]