"COC is required to proceed"

Home Forums Purchase Program "COC is required to proceed"

This topic contains 3 replies, has 3 voices, and was last updated by  TTrumble 1 week ago.

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  • #38273

    Zarai19
    Member

    I was already cleared by the hand department but I have received some lender conditions, one of which states “”COC is required to proceed” what does COC mean? What is the next step.

    #38275

    Change of Circumstances I think. My COC referred to lowering the purchase price because of the appraisal.

    #38276

    Zarai19
    Member

    thank you!

    #38277

    TTrumble
    Member

    Hello Zarai19,

    ShanaMarie1218 is correct. A Change of Circumstance form must be completed and submitted any time there is a change in the terms stated on the loan application.

    Tim Trumble
    Online Operations, NACA
    ttrumble@naca.com

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