Can a buyer change their financing type after an offer is accepted?

Is a buyer entitled to change their financing type after their offer has been accepted by a BANK or Private Seller? If after the initial offer is made the buyer finds that they are able to obtain better financing than they originally wanted to utilize, can the buyer change the financing to any loan program type, as long as it doesn't affect the closing? I.E. Conventional to FHA or VA or any other loan programs available? Is this grounds for the offer being rejected, even if it doesn't affect the closing being on the date agreed?

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    One Response to “Can a buyer change their financing type after an offer is accepted?”

    1. Rebecca says:

      If you have already paid for certain expenses then you will have to pay those again such as your appraisal/survey/etc.

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