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05-16-2010, 08:26 PM

Chin

Junior Member

Join Date: May 2010

Posts: 1

Can I change lender after getting mortgage

commitment letter? I have locked in my interest rate and I am about to get commitment letter. But interest rates are dropping now and it is expensive to get new (lower) interest rate with the original lender.Am I legally allowed to go with a new lender at this stage? I have almost 30 days for closing.

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