The 15-Business-Day Guarantee
They say, “Time is money!” To stay competitive, my guarantee to you is I will close your loan within 15 business days.
Why wait months to close your loan, when you can do so in days? Utilizing the latest technology to streamline the entire process from application to closing—all while offering you the widest possible selection of loan products to choose from—I take the hassle and headaches out of the process and get you to closing with tremendous speed, leaving you with more free time to do the things you want to do, not need to do.
- $400 credit: If the loan does not close within 15 business days, you will receive a $400 credit at closing.
- Unparalleled turnaround time: According to Ellie Mae, the average time to close for all loans is 45 days. My 15-business-day guarantee chops that average time by more than half.
- More flexibility as to credit scores: Ellie Mae reports that the average FICO score on all closed loans is 725. Even if your credit score is on the lower end of the spectrum, it is still possible to close in 15 business days.
- Wide variety of programs: The 15-business-day guarantee applies to a broad range of programs, all determined by AUS (automated underwriting system), including:
- Conventional Conforming Loans (minimum loan amount of $200,000; maximum loan amount of $484,350; minimum credit score of 640; primary residence, second home, or investment property; 1 to 4 units)
- Conventional High Balance (minimum loan amount of $484,351; maximum loan amount of $726,525; minimum credit score of 680; primary residence or second home; 1 to 2 units)
- Jumbo/Non-Agency (minimum loan amount of $726,525; maximum loan amount of $3,000,000; minimum credit score of 680; primary residence or second home; 1 to 2 units)
- Federal Housing Administration (FHA) (minimum loan amount of $125,000; minimum credit score of 640; primary residence; 1 to 4 units)
- Veteran Affairs (VA) (minimum loan amount of $125,000; minimum credit score of 640; primary residence; 1 to 4 units)
- A wide variety of property types: The guarantee applies not only to single-family homes, but also to duplexes, triplexes, quads, townhomes, condominiums, villas, rural housing, and mobile homes.
- Hassle-free application process: I can take applications 24 hours a day, and, with your consent, the system will pull your credit. Income and assets can be automatically verified. You can upload other supporting documents. All of this can be done online using your smartphone or computer, and unlike other lenders, no document has to be printed or wet-signed.
- Technology: I’ve been able to put together some of the best technology in the mortgage industry right at your fingertips.
- The streamlined process continues: After application, the rest of the process runs smoothly, including e-signing the state and federal loan disclosures, registering your loan in as little as 30 minutes (as opposed to the 3 days that other lenders take), providing you with real-time loan progress through e-mail (including when your loan is submitted to underwriting, when the appraisal is received, etc.), and clearing your loan to close as quickly as possible.
The Process, Day by Day
Guarantee does not apply under certain conditions, including: (1) the applicant fails to submit all documentation within 24 hours of the request; (2) the applicant changes the loan products and/or terms from those that were originally applied for; (3) the closing does not occur on the contract closing date due to delays attributable to third parties such as a lack of certificate of occupancy, unresolved title issues, etc., or if the seller or purchaser extends the closing date; or (4) the closing does not occur on the contract closing date due to events outside the parties’ control, including inclement weather, natural disaster, catastrophic events, or other acts of God. All rights reserved. Information, rates and programs are subject to change without notice, and all products are subject to credit and property approval. Other restrictions and limitations may apply.
For questions regarding the terms and conditions of this offer, please contact me.