PCH83
First Time Poster
Cash: $ 0.25
Posts: 1
Joined: 27 Jan 2010
Location: Burnley
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Hello.
I am desperate for some advice and i'm hoping somebody can help me out on here. I was approved for a mortgage 5 weeks ago. My deposit on the property is due in 2 weeks. I have been let down by a family member and i am therefore 2k short on my deposit. My only option is to get a personal loan but i'm worried that the mortgage company will find out i have taken out the loan and withdraw the mortage offer. Is that a possible scenario ? Any advice would be greatly appreciated. Thanks.
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Wed Jan 27, 2010 6:18 pm |
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coaster
Senior Member
Cash: $ 894.10
Posts: 4407
Joined: 11 Oct 2005
Location: Wisconsin
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I don't think a mortgage that's been approved can be withdrawn after the fact based on NEW information that post-dates the approval, unless it's specifically written into the contract.
Bye Bye Bums
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Thu Jan 28, 2010 12:50 am |
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C9Consulting
Contributing Member
Cash: $ 7.85
Posts: 39
Joined: 15 Jan 2010
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Are you sure you want to go more in debt for your mortgage? I'm just curious because it may be better to save the money since you already are approved. At least that's what I would do in your situation.
Elevated Into the Clouds
Cloud 9 Financial
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Fri Jan 29, 2010 3:25 pm |
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