Posted by gcn3 on 7/18/08 3:38pm
Msg #255833

Why does expired visa cancel closing?

TC called at signing and cancelled due to expired visa, borrowers had valid DL and passports. This was a refi.

Reply by MistarellaFL on 7/18/08 3:43pm
Msg #255836

It has nothing to do with ID requirements.
The borrower is from out of the country and because the visa has expired, it may mean the brw is here illegally.

Reply by MistarellaFL on 7/18/08 3:50pm
Msg #255839

I meant to add

that a visa and a passport are two different things.
A Visa is a document whereby a duly authorized government agency gives a citizen of another country permission to enter the country.
A passport is issued by a national government, which certifies, for the purpose of international travel, the identity and nationality of the holder of the passport.

Reply by Mia on 7/18/08 3:53pm
Msg #255841

You say this was a refi? hmmm
Having a valid DL and Passport doesn't mean very much if
they are not a US Citizen.
It all depends on what type of visa the person had.
A new visa may not be granted - which will make them
an illegal.

Reply by MW/VA on 7/18/08 5:44pm
Msg #255852

Yes, having a D/L, ss card, & owning property in the US does not make you a citizen.
You'd be amazed at how many people live here, borrow money, & set up businesses--and then pack up & leave without paying the debts.

Reply by Bob_Chicago on 7/19/08 8:09am
Msg #255904

Why didn't he just use his Master Card??/ n/m

Reply by Sylvia_FL on 7/19/08 9:40am
Msg #255907

You are joking, Bob???? n/m

Reply by Bob_Chicago on 7/19/08 9:58am
Msg #255910

Ok , American Express would also work. n/m