Posted on: 03rd Aug, 2010 01:21 pm
I closed a mortage in January 2009 provided 2007 & 2008 taxes now they are asking for 2009 taxes for an anual review of the loan is this legal
Hi bhumphrey,
I don't think there is anything illegal in it. The lender can check your work history before providing you with a loan. However, normally, the lenders do not re-evaluate the loan once it is closed.
I don't think there is anything illegal in it. The lender can check your work history before providing you with a loan. However, normally, the lenders do not re-evaluate the loan once it is closed.