Senior Loan Officer
STERLING NATIONAL BANK
310 Crossways Park Drive
Woodbury, NY 11797
A good loan officer will time this for you; a bad one won't care and can cost you thousands depending on your loan amount.
You must also close 5 days prior to the end of the month becuase there is a three day right of recission due to it being a primary residence. You will close and on the 4th day the funds will be wired to the lender for release of the existing mortgage.
If you closing within the past 5 years you may entitled to a refund of the UpFront Mortgage insurance which will be applied as a credit to the closing costs.
Should you need any additional assistance, please give me a call.
Camille Marotta, Branch Manager, 732-539-9300
First Alliance Home Loans, NMLS 9838