refinance

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Icon Mini Profile robertsmith2005




Joined: 22 May 2009

Posts: 338

-0.53 Dollars($)
PostPosted: Tue Jun 16, 2009 7:43 am    Post subject: refinance

My Friend has recently done a refinance and it funded on Apr 15.

The company has not sent him anything in regards to this refinance and his other lender has not gotten paid. how to go ahead?
Icon Mini Profile gmakerley
gmakerley
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Joined: 09 Nov 2007

Posts: 9761
Location: bloomfield, ct
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PostPosted: Tue Jun 16, 2009 7:48 am    Post subject:

has your friend made any inquiries with this new lender? you don't say so, robert. are you the point man for him? was there a lawyer involved in his closing? has he tried to contact the lawyer, assuming there was one?

honestly, your post 2 months after the fact had better not be the first effort to find out what's happening on his loan. i hope he's been seeking answers since april 15. if not, quite frankly, he's a fool.

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Icon Mini Profile eric1

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Joined: 04 Jan 2009

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PostPosted: Tue Jun 16, 2009 6:06 pm    Post subject:

If they did not send him a payment coupon book or any other payment instructions, then something is definitely wrong.
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Icon Mini Profile JKennedySLG
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Joined: 01 Apr 2009

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Location: New Jersey/New York
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PostPosted: Tue Jun 23, 2009 11:11 am    Post subject:

Sounds to me like they may have "closed" the loan without the dollars to fund the loan. As George stated, I hope this is your last attempt in resolving this. This should have thrown up a red flag immediately. I hope this helps...
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Icon Mini Profile haridas_badhe




Joined: 11 May 2009

Posts: 59

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PostPosted: Wed Jun 24, 2009 7:50 am    Post subject:

Your friend has need to do enquiry for this situation then he will know that what actually happen...!!
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