Wrong pre-approval. Try to back out of promise to purchase
Sorry I need some advice.
I was pre-approve for certain amount. I was planning to put 10 or 15% downpayment.
I fill up promise to purchase, and did the final approval and my mortgage person told me they did it wrong and forgot to add my car loan into it. Now I need 20% downpayment.
I find this un just want want to backout the promise to purchase.
Do I have any ground to do it ?
All the mortgage person calculation was done base on 10 and 15%.
Now I was pre approval for less but need to put 20%.
Can’t put 10 or 15%.
I talk to the seller and they and not willing to cancel the promise to purchase.
I live in QC