When a lender holds back part of the mortgage funds until specific repairs or work on the property are completed. Common if the survey reveals issues. The retained amount is released once the work is done and re-inspected.
2026-08-13
2026-08-13
When a lender holds back part of the mortgage funds until specific repairs or work on the property are completed. Common if the survey reveals issues. The retained amount is released once the work is done and re-inspected.