s***n
发帖数: 3 | 1 Finally, today is the closing date for my loan.
The lender (Bank of America) requires a liquidation of my CD account in
INGDIRECT.
On last Friday, I called INGDIRECT to
1. Close my CD account and transfer the money to Saving account in INGDIRECT
.
2. Transfer money in the INGDIRECT saving account to Wellsfargo checking
account.(I need to get money check from wellsfargo to pay the down payment)
What the lender needs is just a writing document about the CD account was
closed and money was transfer |
a****r
发帖数: 4965 | 2 1. If you still have the loan contingency, you can choose to walk away
because you cannot get a loan by the closing date.
2. Negotiate with the seller to add an addendum to extend the closing date
if you have the above option or you put a very low deposit (less than the $
250*n fine).
In general, the builder wants to sell the house as quick as possible and
does not want to put it back on the market. So you have a big chance to
extend the closing date and avoid the $250 daily fine.
INGDIRECT
【在 s***n 的大作中提到】
: Finally, today is the closing date for my loan.
: The lender (Bank of America) requires a liquidation of my CD account in
: INGDIRECT.
: On last Friday, I called INGDIRECT to
: 1. Close my CD account and transfer the money to Saving account in INGDIRECT
: .
: 2. Transfer money in the INGDIRECT saving account to Wellsfargo checking
: account.(I need to get money check from wellsfargo to pay the down payment)
: What the lender needs is just a writing document about the CD account was
: closed and money was transfer
|
f*******w
发帖数: 89 | 3 and if you need money from CD for downpayment, you need do it early |
I********w
发帖数: 86 | 4 The money is shown in your saving account. Why can't you transfer the money
from your saving to Wellsfargo? Why do you need your CD account information?
INGDIRECT
【在 s***n 的大作中提到】
: Finally, today is the closing date for my loan.
: The lender (Bank of America) requires a liquidation of my CD account in
: INGDIRECT.
: On last Friday, I called INGDIRECT to
: 1. Close my CD account and transfer the money to Saving account in INGDIRECT
: .
: 2. Transfer money in the INGDIRECT saving account to Wellsfargo checking
: account.(I need to get money check from wellsfargo to pay the down payment)
: What the lender needs is just a writing document about the CD account was
: closed and money was transfer
|
f****l
发帖数: 8042 | 5 奇怪了，我的CD当时终止，当时就可以转了，再转到BOA也就花了几天时间，到了BOA就
可以出支票了。而且都可以在网上办，不用call啊。 |
s******8
发帖数: 4192 | 6 这是BofA的办loan的人有问题。你有CD以前的statement，就能证明你有这笔钱。为什
么还要其他证明？
至于INGDirect，网上银行都这样，不做什么extra的work，成本低才能利率高。 |
s***n
发帖数: 3 | 7 Thanks a lot for posting feedback in this thread. Finally, Ingdirect sent me
email about the transaction today after I sent complain to Ombudsman of the
bank yesterday. The loan was closed. |
t**s
发帖数: 1393 | 8 ING Direct is an internet bank,
most traditional banks such as BOA will treat this kind of banks differently.
Say, BOA will accept cashier's check from another physical bank as cash,
but treat cashier's check from internet banks such as IngDirect, ETrade, etc
, as a regular check, which means, it is likely to take one week to
liquidate the cashier's check.
So do it in advance! |
