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Old 03-24-2015, 08:42 AM
 
2,188 posts, read 2,517,029 times
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So I was supposed to close this afternoon but I'm dealing with an utterly incompetent lender and haven't even received the closing docs yet. I told my broker I didn't want to close today if I didn't have time to review everything, because I'm pretty certain there will be mistakes I'll have to make them correct. Anyways, the broker said we'd close possibly tomorrow but the docs will still be dated today, I guess because these guys are too stupid to redo or it would take too long. He said it doesn't matter since funding will take a couple business days anyways. Is this normal?
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Old 03-24-2015, 11:00 AM
 
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This is a refi not purchase, if that makes any difference
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Old 03-24-2015, 06:46 PM
 
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I wouldn't call it normal. Over the years, I've only had a couple of occasions when the paperwork was prepared and we ended up not closing until the next day. It wasn't worth changing all of the figures at the last minute, so we just went with the figures as prepared. In our case, it really didn't amount to much difference...but in both cases they were cash sales. I'd be less concerned with simply a re-fi--depending upon any prorations involved.
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Old 03-25-2015, 07:52 AM
 
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imo-Back dating on a refi is a serious matter due to the mandatory rescission period.
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