Remove Bankruptcy Remove Banks Remove Earnest money deposit Remove Pre-qualification
article thumbnail

17 Home Closing Delays and How You Can Avoid Them

HomeLight

For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. 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. Loan approval.

Closing 104