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What options, other than making a principal curtailment at closing, are there for proceeds remaining from the refinance that exceed the allowable amounts?

April 26, 2017allowable closing curtailment exceed Options Principal proceeds Refinance remaining

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What options, other than making a principal curtailment at closing, are there for proceeds remaining from the refinance that exceed the allowable amounts?

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The only alternative to a principal curtailment is to reduce the loan amount prior to closing. This would require new loan documents. Lenders can still disburse cash to the borrower not to exceed $250.