The agreement of sale has a mortgage contingency and if the terms of the mortgage cannot be met you have the option to back out of the deal and recoup your deposit.
Ho ... more
As you have already heard it is a little late to secure representation but better late than never. Get an attorney, have him review your contract and bring him to settlement.
W ... more
A few lenders actually give what I would refer to a as a "conditional" committment. I have seen this mostly with Relocation clients. The conditional part is based upon findin ... more
Not knowing any more than you what you have said here, I would say you have at least two options to protect yourself. One is to pay to lock-in your 5% rate with the lende ... more