Hello, We are working on a home with a 1 year adj. rate...when it resets will there be another closing or will it just adjust and the new payment will be sent to us? Thanks for any info, Karin
It just adjusts and they send a notice of the new payment amount
Thank you for taking the time to reply. Karin
It just adjusts and they send a notice of the new payment amount
Thank you for taking the time to reply.
Karin