Home › Forums › Financial Markets/Economics › Question: For a refinance, what is the reasonable overlap between the two loans? › Thanks for the info, fsbo. I
Thanks for the info, fsbo. I also just signed my re-fin loan doc and it did not have such a notice in it.
However, I did take a quick look at the full text of “California Civil Code – Section 2947-2955.5 :: Article 2. Mortgage Of Real Property” here: http://law.justia.com/california/codes/2009/civ/2947-2955.5.html
The law dictates that the loan company must not disburse the loan on a Monday or immediately after a holiday (which would mean accruing >1 day’s interest) unless the borrower specifically requests it, so I’m not too worried.
Is HLS on vaca or what?
tb 🙂
