You’ve found the home, negotiated the purchase, gone through inspections, and received your mortgage approval. All that is remaining is a smooth and timely settlement…hopefully! However, that may not be the case if your lender is scheduled to “wire” the loan funds for your purchase.A wire transfer is an electronic transfer of money. They're (most of the time) reliable, fast and get the job done.
Unfortunately, wire transfers can present drawbacks. They sometimes can get lost or numbe... read more