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Home › Forums › Purchase Program › Opening New Bank Account (Bank App Stage)
Tagged: bank account
So my primary bank is not located in my current state, I really love this bank and didn’t want to close my account when I moved here. BUT I realized that a lot of people who closed with NACA had last minute changes in closing dates and final MRF for closing, so obviously I need to be able to get to the bank and get a check quickly for closing.
Since Citibank is my lender, they are located in my state, and a branch is within 30 minutes of where I live, I am thinking of opening a Citibank account and transferring my funds for closing into that account.
Anyone have experience during the mortgage process with opening new bank accounts? Meaning.. did it hold up the process?