Does finance approval still stand if contract falls over

Discussion in 'Loans & Mortgage Brokers' started by Ape, 13th Jun, 2017.

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  1. Tom Simpson

    Tom Simpson Well-Known Member

    Joined:
    13th Dec, 2016
    Posts:
    186
    Location:
    Subiaco
    Same same but different, I had a client with finance approved for an SMSF purchase then as part of the building inspection it turned out the building integrity was flawed. Finance was declined for that property but approved for the applicants. They found another property, sent in the contract and it's going to settle next week.

    Giddy up.