Last year we worked with a local Ohio bank, knew the loan officer to obtain a fixed loan almost with in the 30 day time. Paperwork was sent to the wrong office, not our fault that resulted in the closing date being postponed by about a week. We were not assessed a penalty by the Villages. My brother went thought this same bank to meet the time constraints for the purchase of his house this year.
Because of the rush or something, our bank had to refund some of our closing costs as the result of a Fed audit. My brother was upset that he didn’t get a refund.
Sometimes it is the luck of the draw how things turn out.
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