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Updated about 4 years ago on . Most recent reply

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George C.
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HELP! CASH OUT REFI DISASTER!

George C.
Posted

I have been in process of doing cash out refi with a national bank lender and the process has been dragged on for 6+ months, the lender reps are unresponsive except when they ask for additional docs and would not give me ETA for closing, although I was supposedly in closing for the past 2-3months. Does this mean they don't want to do the loan? What recourses do I have? Can I just go to another lender or do I have to notify current lender to withdraw my application? All suggestions and assistance are welcomed! Thank you!

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Darren Sager
#2 Real Estate Events & Meetups Contributor
  • Investor
  • Tampa, FL
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Darren Sager
#2 Real Estate Events & Meetups Contributor
  • Investor
  • Tampa, FL
ModeratorReplied

Move on to another lender. It's evident they don't care about your business.  There are plenty who will.  

  • Darren Sager
  • 862-208-2287
  • Podcast Guest on Show #48
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