17 Home Closing Delays and How You Can Avoid Them
HomeLight
JULY 31, 2020
Loan approval. Interest rates can spike unexpectedly which can affect qualification if the loan is not locked, or the buyer’s credit score or income can change, causing the underwriter to reject the loan. It can take weeks to months for the lender to approve a short sale. Image Source: (Shutterstock.com/Chokniti Khongchum).
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