Mortgage Application Process
Download Our Free Real Estate Guide
Buffalo Real Estate Lawyer Richard H. Cole discusses the mortgage application process when purchasing a home. If you are considering purchasing property in Western New York, contact our dedicated real estate attorneys for a consultation. Let our experience work for you.
- As soon as a home inspection is conducted and the rider is executed, a property inspection addendum is completed. That is when the buyer can officially apply for their loan.
- Traditionally, the contract for sale and purchase specifies a number of days after completion of the required home inspection within which the buyer must apply for the loan – often, five days after the home inspection is satisfied.
- The buyer should immediately bring the application and any supporting documents to the loan officer.
Download Our Free Real Estate Guide
Why Fall Can Be a Smart Time to Buy or Sell a Home in Buffalo, NY
Fall can be a smart time to buy or sell a home in Buffalo, New [...]
Buying a Home Before Winter in Western New York: 9 Legal Issues to Watch Before Closing
Buying a home before winter in Western New York can give you time to move [...]
Buffalo August Home Closings: 9 Problems That Can Surface Before the Sale Is Final
An August home closing in Buffalo, New York can be delayed when a title issue, [...]