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Updated 7 months ago,

User Stats

14
Posts
8
Votes
Rob Austin
8
Votes |
14
Posts

Is it normal to not receive initial disclosures

Rob Austin
Posted

For the first four properties that I purchased, the loan officers sent me "initial disclosures" which clearly stated the interest rate expected closing, expected monthly payment etc. 

I'm currently under contract with another property and this company has already had me pay for appraisal and is trying to get me to order insurance, but I still haven't received an initial disclosure or anything like it confirming the interest rate and everything. 

Is this normal?

The previous properties were all conventional, and this is dscr.

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