Loan Question of the Day
Today's agent question:
Q: When does a loan fund?
A: Typically, a lender will wire the money to the title company the day before or the morning of the closing. However, the loan is not officially "funded" until any "at closing" and "prior to funding" conditions have been met and the lender has approved the disbursement of the money.
Put my many years of industry experience to work for you - Shelli Dore 303-942-0648