Change of condition

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  • #65975
    MzDeeATL
    Participant

    Underwriter sent in a change of conditions because the interest should be 2% as opposed to 2.125% because seller contribution wasn’t added. I asked them to leave it as is because I should have closed 2/28. Seller is having problems in family is why the sell. I don’t think another extension would be granted. What do I need to do to move forward with the 3/10 close date and the 2.125% as planned?

    #65982
    TTrumble
    Member

    Hello MzDeeATL,

    If the Change in Circumstance (COC) has already been submitted, let it go. Stopping it will only complicate the situation further. Ask your counselor to have the file escalated for the reasons you explained here.

    Tim Trumble
    Online Operations, NACA
    ttrumble@anca.com

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