Posted on: 15th Nov, 2010 07:53 pm
i am in the process of taking over a loan but the bank is telling me i have to pay them whatever they want after i already went to closing then they will put house in my name is that how it really goes
Hi tomsgirl!
Welcome to forums!
I did not understand what the bank wanted to mean by "pay them whatever they want". Once you assume the loan, the lender will give you the terms and conditions to repay the loan. You will have to pay off the dues as per that terms and conditions. You should ask the lender o give you in writing the terms and conditions of the loan.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
I did not understand what the bank wanted to mean by "pay them whatever they want". Once you assume the loan, the lender will give you the terms and conditions to repay the loan. You will have to pay off the dues as per that terms and conditions. You should ask the lender o give you in writing the terms and conditions of the loan.
Feel free to ask if you've further queries.
Sussane