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Posted by kcg on 8/18/18 1:41pm
My big story is a man who blew up his loan because - and this is the truth - on page 4 of an older 1003, along the top (which was lightly Xed out) it says that "you don't have to sign this page". It was the demographic information. So he said it says I don't have to sign and I'm not signing.
His wife and I tried explaining to him, I got title on the phone and that didn't work....we got the LO on the phone. She tried and told him he signed this already at the application stage and he said "I'm smarter now than I was then. The form says I don't have to sign and I'm not."
This was a refi to get some credit cards paid off and a lower interest rate. Didn't matter to him.
Oddest reason yet why someone refused to sign. |
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