World's Largest Mortgage Community

Help!

Author	Message
	Add to del.icio.us Add to YahooMyWeb Add to Simpy Add to BlinkList
svromeo00 Joined: 30 Oct 2009 Posts: 17 4.45 Dollars($)	Posted: Sun Nov 08, 2009 10:19 pm    Post subject: Help! Does everyone get a truth in lending disclosure? Will they send you that package even if you aren't going to be approved? I just received mine from wels fargo. I understand it is not a contract or an approval. But I am curious if thats a good thing that I was sent that...or is that just something everyone gets??
savior70 Joined: 25 Mar 2009 Posts: 1783 Location: Florida 239.40 Dollars($)	Posted: Mon Nov 09, 2009 3:29 am    Post subject: Hi, The lenders are required by law to send you truth in lending disclosure documents, if you've applied for a mortgage. It does not mean you've been approved for the loan. This is something that everyone, who has applied for a mortgage, gets from the lender. You can still be denied for the mortgage, if you do not fulfill the required eligibility criteria.

Quick Reply
Your Name
Subject
Message body

All times are GMT - 7 Hours

Page 1 of 1

---

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0