Success Story

REAL ESTATE

Overcome potential glitches in mortgage application process with Song Law Firm. 06/07/2017

Our client was a commercial building owner who wanted to refinance the mortgage. Unfortunately, unbeknownst to the client, there was a discrepancy between the name of the business entity that the client had listed on the initial mortgage document and the actual legal name of the entity. Because of this material discrepancy, the client’s mortgage refinance application was unexpectedly delayed. Song Law Firm’s Corporate Real Estate lawyers successfully sent the New York State Division of Corporations a request to amend the legal name of the entity, which was approved very quickly. Thereafter, the client could get the mortgage refinance application approved and close at a desired date.