WHAT ARE THE LIKELY PROBLEMS THAT CAN ARISE IN A MORTGAGE TRANSACTION?

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WHAT ARE THE LIKELY PROBLEMS THAT CAN ARISE IN A MORTGAGE TRANSACTION?

jerry

Posted on: 05th Jan, 2011 02:03 am

Please i need a detailed explanation of the problems that can arise while carrying out a mortgaging transaction and the likely solutions to such problems

Total Reply : 3

jerry

Posted on: 05th Jan, 2011 02:16 am

Should something on your Loan Application turn out to NOT be verifiable.... That is a problem.

Anonymous

Posted on: 05th Jan, 2011 10:56 am

Dear Lady, a complete answer to your question would be a lender's underwriting manual. There are hundreds of things that can go wrong and not all have easy answer solutions.
If you have something specific, the members of this forum will be happy to help.

greg12

Posted on: 05th Jan, 2011 02:25 pm

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