5 Reasons Home Loans Fail On Closing Day

21/08/2023 44 min Temporada 2023 Episodio 7

Listen "5 Reasons Home Loans Fail On Closing Day"

Episode Synopsis

Athena and her guest, Julianne Dinda of Radius Financial Group, share the top 5 reasons a home loan fails on Closing Day.
According to the National Association of Realtors, 72% of home loans close on time, 22% are delayed and 5% do not close. In this podcast, we will discuss the 27% risk and as a Buyer what you should know to avoid a lender refusing to fund on closing day.
A Lender continues to evaluate risk throughout the 30 to 45 days it takes process and fund a loan. Some of the reasons are out of the control of the Buyer. Some of the reasons are in the control of a Buyer. Athena shares examples and recommedations to stay out of trouble so that you can receive the keys to your new home.