IS THERE ANY RECOURSE???
Hello,
Here is my situation: I applied for a VA streamline refinance on my house. The interest rate was to be 5%. This apparently was not locked. I have a second that needed to be subordinated. The refinance company request the subordination from the bank holding the second. Twice, the subordination was returned without being notarized. This of course, delayed the closing. Now, the refinance company says they can't do five percent because interest rates have gone up.
Do I have any recourse against either company? Thanks. >
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did you sign any papers that locked in your rate?
[addsig]