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Updated 4 months ago on . Most recent reply
How can I tell if my lender is legit ?
Been working on getting a second mortgage on our home for the past 30 days with no closing date in site. Everything requested has been completed. Only “off” thing that happened was an email to our insurance rep asking to be placed as the first and only mortgagee - which I caught and they quickly apologized for and corrected. How can I tell if things are legit here ?
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Henry Clark
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Henry Clark
#1 Commercial Real Estate Investing Contributor
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#1 Commercial Real Estate Investing Contributor
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Op. Your original post was about your insurance agent. I would question them versus your lender.
On the lender ask them for a non binding term sheet so you can see their math ahead of time. Plus any questions.