Home Buying in 14607 : Questions & Answers

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Annette Levi…, Real Estate Pro in New York, NY
Annette Levinson answered:
Can I drop the loan from my lender without penalty and go to a different bank after 30 days? the loan is approved but can't close.
You do not have to accept a mortgage commitment since it is unilateral. There are no penalties unless you gave a commitment fee to the lender. The apraisal can be assigned to another le ... more
0 votes Share Flag Mon Jul 25, 2011 Home Buying in 14607
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