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 If my borrower prepaid foritems that are included in the budget, how do they seek reimbursement?

If the items are part of the itemized budget, the borrower may seek reimbursement, after closing, during the draw process. The borrower must provide Granite, after closing, documentation of the items paid for (i.e. cancelled checks) along with receipts/paid invoices. Granite will review in accordance with the budget as part of the draw process. Do not provide the paid receipts, cancelled checks and so on during the project review process or this will be treated as an equity credit. A reminder, a borrower cannot receive both equity credit and reimbursement.

Security America Mortgage, Inc

Security America Mortgage is one of the leading VA Home Loan Lenders in the nation; We are not a government agency. We pride ourselves on providing excellent customer service to ensure that each Veteran we serve ends up living happily ever after in the home of their dreams. This is a private website that is not affiliated with the U.S. government, U.S. Armed Forces, or Department of Veteran Affairs. U.S. government agencies have not reviewed this information. This site is not connected with any government agency.

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