Closing a Loan in a Wet State During COVID – 19: Here’s What You Need to Know

Wet vs Dry – We are not Talking about Surfing Wet purchases customarily mean that all monies are collected and disbursed at closing. This is sometimes referred to as “table funding”. Dry purchases mean that all monies are collected and disbursed after closing by some previously agreed to arrangement. With the COVID-19 pandemic, many changes…