Will financing change require all new approvals from SS Bank?

We are a buyer in a SS. Due to a 'lower than offer price' appraisal we are looking at getting different financing than we originally stated on purchase agreement (i.e. 95-100% financing vs. 90% with 10% down). If we change our financing terms and/or lenders do we have to go through all new approvals with the short sale bank - if their net does not change as a result, or is this something that can be handled by the agents on the final paperwork? Thanks!

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Permalink Reply by Jeff Payne on July 11, 2012 at 5:31am

No, it does not matter

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