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Private Lending & Conventional Mortgage Advice

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Sheila Nyandebvu
  • Rental Property Investor
  • Atlanta, GA
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No Settlement Statement Provided

Sheila Nyandebvu
  • Rental Property Investor
  • Atlanta, GA
Posted May 8 2024, 05:17

I recently closed on a refinance conventional loan, and rushed through the closing as we were trying to use the funds to finance the downpayment of a purchase deal. A settlement statement was not provided or signed during the closing, and the fees disclosed had changed. I had been of the understanding that a Settlement statement is a mandatory document at closing. I have requested this issue from the lender and have not received a response. Is this normal practice not to sign a Settlement Statement or not to be provided one at closing?

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