Can I make the bank rewrite my loan documents if my home address is wrong and if there are misspelled words in it?

Question Details:

It is for a construction loan.

Asked 11/20/2009 under Real Estate | 257 View(s) | More Legal Topics

Are you an attorney? Sign up to answer this question.

Real Estate Law Answers

Rewriting your loan and fixing typos are two different things.  In many loan documents the bank may fix the typos, such as your name and address and date of birth and so forth.  However, as far as rewriting your loan to reflect a different interest rate or payment structure of loan amount whereby the contract would essentially change in its entirety  is hightly unlikely.  However, the bank will rewrite the loan if a manager with authority says so.  I suggest asking for what you want as you have nothing to lose by the bank saying no.  The bank will however, make the typo corrections at their expense.  I suggest making an inquiry.

Related Real Estate Questions

Didn't find your answer? Ask.

  Top Ranking Attorneys

Sign Up Today! Are you a lawyer?
Want to be featured here?
Sign up for a free profile and get started today! Click Here

More Questions Like This...

AttorneyPages.com