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#2243034 - 09/24/20 03:28 PM Commercial Loan Denial? Withdrawal?
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
Commercial loan request. Officer replies to request current financial info. Officer never hears from the customer again. Does he need to give denial - whether verbal or written - based on customer's non-response? Sorry - I did search for this but didn't come up with an answer.
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Just working here until I get my letter from Hogwarts.

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Lending Compliance
#2243051 - 09/24/20 04:21 PM Re: Commercial Loan Denial? Withdrawal? HRH Okie Banker
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 78,958
Galveston, TX
Commercial is no different than consumer. Denial or notice of incompleteness.
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The opinions expressed here should not be construed to be those of my employer: PPDocs.com

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#2243063 - 09/24/20 05:02 PM Re: Commercial Loan Denial? Withdrawal? HRH Okie Banker
HRH Okie Banker Offline
Power Poster
Joined: Jan 2003
Posts: 3,070
Oklahoma
Thanks.
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Just working here until I get my letter from Hogwarts.

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