Posted on: 16th Oct, 2013 02:32 am
Will it be possible to get a loan closed on a Federal holiday? Or are there chances that it will be postponed?
Hi M.Jacob,
If it's a Federal Holiday, then your loan closing can get postponed. Most mortgage funding will go through wire transfers and all wire transfers will go through Federal Reserve.
If it's a Federal Holiday, then your loan closing can get postponed. Most mortgage funding will go through wire transfers and all wire transfers will go through Federal Reserve.
Hi Jacob!
Welcome to the forums!
I agree with Adonis. The loan closing may not take place on a Federal holiday. You will have to wait till the next working day.
Feel free to ask if you've further queries.
Sussane
Welcome to the forums!
I agree with Adonis. The loan closing may not take place on a Federal holiday. You will have to wait till the next working day.
Feel free to ask if you've further queries.
Sussane