Thread Starter: Truffle Royale
Title: Re: Withdrawn loan applications
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I don't think that's right. You approved their appliation but they didn't accept it. If they called you and said 'no thanks we got a better offer up the street' and you know you can't better it, why do you complicate matters by sending a denial/counter-offer that you know will be refused? You were done when they said 'no thanks' whether they chose to give you a reason or not. Not to mention, you're skewing your LAR because you probably never have any approved but not accepted if you follow this procedure whenever you know the reason. jmho
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