they have not yet denied but they are telling me that if the permit is not signed off (closed) they will deny. And we might not be able to get it inspected and closed before our 60 days because the NYC Dept of Buildings is very slow
its a conforming loan through a large well known commercial bank
thanks but the permits clearly state that there is no change to the C of O and no change to Egress. And the Title company told us that they were absolutely fine with the open permit based on this- the permits can be seen online and the title company told us all of this. So that is my question. And again this is a refi not a new mortgage. Just want to clarify this point as we believe they are acting in a manner to avoid giving us the better rate. We already have our mortgage with them but at 30 years and a higher rate. Thanks
Thanks..We redid the bathroom and kitchen the flooring..
this is copied and pasted right from the DOB website of my permit:
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).