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I am supposed to close in 2 weeks. is it too late to switch products? I want to go from an adjustable rate to a 30 year fixed rate.

by liam500 from Yankeetown, Florida. May 18th 2016 Reply


Arin Noyes (anoyes@americanequity.com)
#289 ranked lender in Florida - 2 contributions

You should be able to switch with your current company and have no problems still closing on time. It depends on the Mortgage Product you are approved on though.

May 19th 2016
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,055 contributions

Not a problem.. you can change it anytime before you close.. The underwriter will need to approve the change, but typically it's not a problem.. Just contact your loan officer and tell him you want to make the change.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

May 19th 2016
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Bob Windom (bwindom@comcast.net)
#291 ranked lender in Florida - 4 contributions

Yes, if you change lenders you have to start the loan process again. Can you get the seller to extend the closing date?

May 19th 2016
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Bob Windom (bwindom@comcast.net)
#291 ranked lender in Florida - 4 contributions

Yes, if you switch lenders you have to start the loan process again. Can you get the seller to extend the contract?

May 19th 2016
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Sara Deere (Saraloveshomeloans)
#1 ranked lender in Kansas - 516 contributions

I agree with the other two replies. You should have no problem making the change right away.

May 19th 2016
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