The Lost Borrower Campaign » Private Seller http://lostborrowercampaign.net Helping consumers find the right loans since 2008. Thu, 05 Nov 2009 14:08:43 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Can a buyer change their financing type after an offer is accepted? http://lostborrowercampaign.net/can-a-buyer-change-their-financing-type-after-an-offer-is-accepted/ http://lostborrowercampaign.net/can-a-buyer-change-their-financing-type-after-an-offer-is-accepted/#comments Sat, 11 Jul 2009 03:06:53 +0000 admin http://lostborrowercampaign.net/can-a-buyer-change-their-financing-type-after-an-offer-is-accepted/
Yoli asked:


Is a buyer entitled to change their financing type after their offer has been accepted by a BANK or Private Seller? If after the initial offer is made the buyer finds that they are able to obtain better financing than they originally wanted to utilize, can the buyer change the financing to any loan program type, as long as it doesn’t affect the closing? I.E. Conventional to FHA or VA or any other loan programs available? Is this grounds for the offer being rejected, even if it doesn’t affect the closing being on the date agreed?

Audrey
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