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Our service isn’t closings “in as few as” ten days.  It’s ten days to close your mortgage for all investor properties.  To be this fast, there are things that have to go correctly:

1.  We have an absolutely EXHAUSTIVE application process. It might seem a little tedious, but we’re GOING to find out if the customer’s 2006 tax returns reflect a spousal payment.
2. We have things that must happen every day; the property must be in contract, for starters–and the title company must offer good service as well.
3. The customer has to provide the usuals:  2 years W2s, Bank Statements, 1040s, Divorce/Child Support paperwork.
4. The appraiser is prepaid. and is committed to inspecting the property in 24 hours, and delivering the appraisal within 72 hours of order.
5. Title must come back by day 5, period.
6. We don’t hold up anything for inspections–so understand that an appraisal fee ($250-350) is at risk.
7. Expect supporting documents: from when we communicate the need to the agents, we have 24 hours to meet the request.
8. Condo association documents are requested day 1, and have to be in by day 7.
9. WE review the hud by day 9
10. Close on Day 10.

This is a stress free-and guaranteed-process.  We will take tomorrow to share the ten things that can derail a good deal.

Chris Johnson