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when is usda going release funding for loans that have been aproved but need to close by the june30 2010

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Icon Mini Profile coalcreeker





Joined: 22 Jun 2010

Posts: 1

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Post Posted: Tue Jun 22, 2010 5:59 pm    Post subject: when is usda going release funding for loans that have been
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i was supposed to close by june 30 2010 and have gotten several extensions from the seller.i amm running out of time before the seller puts the house back on the market.
Icon Mini Profile jameshogg
jameshogg




Joined: 20 Dec 2005

Posts: 10148
Location: Nevada
941.94 Dollars($)
Post Posted: Tue Jun 22, 2010 9:05 pm    Post subject:
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Hi coalcreeker,

You will have to get in touch with your USDA lender and request him to close the mortgage asap or else you may lose the property. Has the lender given you any reasons as to why they are delaying the closing?

Thanks
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