If you skip the affidavit, your refinance may hit a snag, or it could be denied altogether. It's a crucial piece of the puzzle that helps things go off without a hitch!
Yes, if you catch a mistake, you can generally amend it, but it'll need to be notarized again. It's always best to double-check your work before you sign.
Once you’ve submitted the affidavit and all other paperwork, it can take a few weeks to a month to finalize the refinance. Patience is key here!
Not usually! Most people can handle it without a lawyer. It's pretty straightforward, but if you're feeling unsure, a chat with a legal eagle could help.
You should have details about your property, your financial status, and any outstanding debts. The more prepared you are, the smoother the process will go!
Typically, you’ll need to be present to sign in front of a notary, but in some cases, there may be options for electronic signatures. It's worth checking with your lender.
An affidavit for refinance is a sworn statement that confirms certain facts about your property and financial situation when you are refinancing your home. It's a way to ensure everything is on the level.