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If I got a Home loan closed on it now the loan officer call saying we could be put out can that happen

by Fjohnson964351 from , California. Jan 8th 2018 Reply


We close on this Home 6 weeks ago now my realtor calls and tell me we have to do the loan over prior to the the loan officer calls and tells us some documents was done wrong and want to blame us and her intern for messing it up instead of her mishappen can they legal make us move out and what can we do

Jan 8th 2018
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Dan Paladin (dpaladin)
#1 ranked lender in California - 505 contributions

Not enough info though typically if a document has errors the document is corrected, for example a name misspelled. You actually sign a document stating that you will cooperate in document corrections. Without knowing what is the main issue hard to say though it would be extremely rare for a lender to recall a loan after close.

Jan 8th 2018
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Reuben Cano (eloanadvisor)
#442 ranked lender in California - 10 contributions

Not enough information to really give an opinion but my best guess is if they threaten that seriously, consult a real estate attorney.

Jan 8th 2018
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The realtor told me that we are going to have to redo the loan over because it was messed up by the loan officer after the loan off call last week to trying to blame us and her intern for her messing up the paper work and now I guess they can't do the post close so she told us we will probably have to move out of the house due to her mistakes

Jan 8th 2018
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Joe Metzler (JoeMetzler)
#18 ranked lender in Minnesota - 3,727 contributions

That isn't typically how it works. Once a loan is closed, it is closed. Period. They can't come back at you 6 weeks later. Now at closing, you do agree to sign or resign any missing documents on the loan, but that is very different that 'redoing' the entire loan. If they made mistakes and closed a loan they shouldn't have, that is NOT your problem, and they would simply have to deal with it internally. I'd tell them to go away, and if they keep insisting, contact a Real Estate Attorney. Good Luck.

Jan 9th 2018
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