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Good Afternoon Nathan Case Study

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Good Afternoon Nathan, Thank you for writing. I apologize that we were unable to complete your loan application and close on this loan. It is our ultimate goal to help you with this new purchase and I'm sorry we could not help you. The deposit agreement states that if the loan does not close for any reason, your deposit is used to pay for the third party costs of the appraisal and credit reporting fees. I also see that we transferred the FHA case number to your new lender and a copy of the appraisal can be released to your new lender to use if needed. In order to transfer the appraisal it would have needed to be paid for as well. The appraisal was paid for and please let our team know if your new lender needs a copy of this appraisal

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