By allen.cofield@nafinc.com
September 27, 2013
If you have ever had an experience of buying a home, you may have experienced a delay of closing due to the financial institution not delivering upon the promised closing date that you gave the seller.
What can be the most frustrating fact is that the lender you choose is the difference of whether or not you obtain the home you long desire. This frustration is usually drawn from lenders that cannot close your loan in time. This leads to the next question, How can I assure I have chosen the right loan officer and lender to close on my purchase in time and that will deliver upon the pre-approval I received?
The number one thing to assure closing is open communication between you and your loan officer.
Setting up the right expectations to what you can purchase on financing is key. Someone who is experienced will have had a few transactions to let you know the pitfalls and failures as to why lending can be denied. If you would like to hear some common mishaps that can occur in this market today, please contact me directly at 949.836.7225.
Wait, I know you are waiting for the answer on how you can close your purchase loan in 14 days Guaranteed. This is offered by New American Funding for those who know what to provide and what type of transaction is allowed to close in this time frame. I can educate you on the requirements and how you can be in your next home in 14 days.* I look forward to hearing from you and to help you on your next purchase.
Allen Cofield
Senior Loan Consultant
*The 14 Day Close is not applicable to all programs. Please see details in the disclosure link in the footer of this page for further clarification.