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What happens if there an error on the mortgage?

by yumpy189 from Gary, South Dakota. Sep 16th 2020 Reply


Joe Metzler (JoeMetzler)
#17 ranked lender in Minnesota - 4,848 contributions

Not sure that the error is, but you usually sign paperwork at closing that says you agree to sign any paperwork missed, or resign updated paperwork to correct any errors. I lend in SD ND MN WI IA. Find me at JoeMetzler.,com - NMLS274132

Sep 21st 2020
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Bert Carpenter (BertCarpenter)
#37 ranked lender in Arizona - 2,431 contributions

It depends on the nature of the error. Some errors MUST be fixed prior to executing the loan documents. These would include things like the wrong loan amount or wrong interest rate. Others can be fixed after the fact. Work with the lender and Title company to get a better idea of the issues you may face because of the error. ~ Bert Carpenter, The LoansA2z Team of NEXA Mortgage ~ NMLS 40586 ~ Licensed in Arizona, California, Georgia, Oregon, and Washington. Need help in other states? We've got you covered. NEXA Mortgage is licensed in 46 states ~ www.ApplyYes.com 480-889-9000.

Sep 22nd 2020
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