Sentences with phrase «weeks after the loan closes»

Not exact matches

In those circumstances, the DOT credit agreement will include conditions subsequent to closing that will terminate the commitment if the senior financing does not close by an outside date (not more than a week after the TIFIA and / or RRIF closing) or is on terms and conditions different than the forms of senior financing documents agreed when the TIFIA and / or RRIF loan (s) closed.

As a Loan Officer for over 20 - years, I can tell you story after story of people who thought they were Pre-Approved, signed a purchase agreement, gave notice on their apartment, only to be told a week before closing that they were denied.

If the closing of a loan has to be extended by a week, and then extended again after that week is up, this could cause a certain amount of stress and uncertainty.

Close After your loan is approved, it will take at least a week or two to complete the transaction.