Home Buying in 84044>Question Details

Anna, Home Buyer in Salt Lake City, UT

I have an approved loan in one state (Utah) and am buying in another state (Arizona) . How does this work?

Asked by Anna, Salt Lake City, UT Thu Feb 19, 2009

Are we still able to buy in Arizona? With the approved loan being in Utah?
My husbands job is transferable and he also will be looking for a 2nd job in Arizona (I don't know if that is relevant?). We are currently renting in Utah, and the home we buy in Arizona will be our primary residence.

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Answers

2
ANNA,
YOu must immediately call your loan representative and press for teh answer to this question.
YOUR selection of a lender has a tremendous bearing on the competiveness of your purchase offer. Seller WILL be advised by their real estate professional regarding the historic record of a lender closing on time, under budget and without all the hysteria.
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YOu would be well advsied to contact a local lender where your new home is located.
Your real estate professional is your best resource for identifying a local lender who wlll make your offer competive. The 'to big to fails' have an established historic recored of leaving buyers at the alter.
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You may also try: http://www.BankingGrades.com
Choose an "A" or "B" graded lender.

Best of success,
Annette Lawrence, Broker/Associate
Remax Realtec Group
Palm Harbor, FL
727.420.4041

http://bit.ly/GARK4m
0 votes Thank Flag Link Thu Oct 3, 2013
You will have to have a loan officer that is licensed in the state of AZ to approve you. If your loan officer in UT has his license in AZ he or she can still do the loan for you.
0 votes Thank Flag Link Thu Oct 3, 2013
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