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Updated over 7 years ago,
Second Refinance Denied Last Minute
Long story short Finance oF America took me through a couple months of pre approval and approval status even gave me the final print out of the loan amount and terms only to tell me days before i was to receive money that because of "background information " i will be denied . If this was a problem why didn't they do this first ? why take me through months of paperwork and paying $600 for an appraisal , ( which by the way they never even finished ) ? This also happened with quicken loans , days before was going to receive funds was denied .
I have no mortgage on my house and have it rented out .