Why Do You Have to Wait 3 Days to Close? With Ted Topouzis and Matt Bates.
So why do you have to wait 3 full business days to close on a loan? Ted Topouzis with Topouzis & Associates and Matt Bates with Movement Mortgage explain why.
Some Points From the Video
- It’s a federal mandate.
- Can be an opportunity to review everything outlined in the documents with the buyer so there’s no confusion surrounding costs, etc.
- Can give buyers and sellers some breathing room for an otherwise complicated form and process.
Matt, Ted, and Emilio go into MUCH more detail in the video, so be sure to check it out!
For More Information
To learn more about Topouzis & Associates and the services they provide, visit: www.taclosinglaw.com/
For more information on Movement Mortgage, check out their website here: www.Movement.com.