Cigar
Member
- Joined
- Aug 9, 2007
- Professional Status
- General Public
- State
- California
Do lending guidelines require cost to cure items to be "cured" prior to closing a loan? Just Federally insured loans? What about a normal bank loan, do the cost to cure issues have to be corrected prior to the loan closing? If the lender is going to package the loan, does cost to cure have to be performed?
Do cost to cure items involve just termite reports, what about home inspection reports and air quality reports?
Do cost to cure items involve just termite reports, what about home inspection reports and air quality reports?