+1 vote
asked Nov 12, 2017 in FHA Loans by anonymous

1 Answer

0 votes
If the lender requires you to pay off your credit cards at closing, the escrow company will actually cut the checks and send them to the credit card companies. If paying off and/or closing credit cards is not required for loan approval, the escrow company might just cut you a check, then you are responsible to do the payoffs.
answered Nov 13, 2017 by anonymous

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