Brandel v. Moore Mortgage & Investment Co.

CRAWFORD, Judge.

In this nonjury case, plaintiffs, Joseph Brandel and Debbie Brandel, appeal from the judgment of the trial court for defendant, Moore Mortgage and Investment Company.

Plaintiffs’ complaint alleges that they submitted a loan application to defendant on March 1, 1987, for a Veterans Administration guaranteed loan with a 60-day lock-in rate of eight percent interest and three discount points. Plaintiffs further allege that although defendant agreed to make the loan applied for, defendant informed them on or about April 20,1987 that defendant would not make the loan at eight…