As a Direct Mortgage Lender, we have the ability to fast track your closing in 10-Business Days!
HERE IS HOW OUR 10-BUSINESS DAY CLOSING WORKS
DAY01 - Complete Application-Submit documents before 11am-Sign Disclosures - Order Title
DAY02 - Order Rush Appraisal - Loan file if submitted to underwriting for 24 hour approval
DAY03 - Satisfy any and all underwriting conditions on the same day - We lock your rate
DAY04 - We submit completed conditions and rate lock with Underwriting
DAY05 - Underwriting clears conditions
DAY06 - Underwriting issues Clear to Close - Title Co set for rush closing
DAY07 - 3Day Trid Initiated Closing
DAY10 - Loan Closed and Funded
WHAT ARE THE QUALIFICATIONS?
To qualify for the 10-business day closing. Borrowers must have a 620 middle score with no mortgage credit events. Our 10-business day closing applies only to FHA and Conventional purchase and/or refinancing loans for a primary homes. The 10-business day closing is not available on all loan programs and we always make our best efforts to meet critical deadlines to close in 10-business days. Our average file closes in 25 - 35 days. Also, it is important that you disclose your complete financial background and everything from employment to assets to credit history in order for us to facilitate this fast track acceleration closing option.