Guaranteed Home Loan Closing Program
Our Guaranteed Home Loan Closing Program enables homebuyers to better compete in this low inventory housing market. One of the reasons many offers don’t get accepted is that the buyer is not pre-approved or is just pre-qualified by a lender that does not have a reputation for closing on time.
My name is Richard Woodward, I am a licensed loan officer and branch manager with Service First Mortgage. I understand the frustration and difficulties in getting an offer accepted in the Dallas-Fort Worth market. We are at a historic low when it comes to homes on the market. When you are buying a home, that makes it very difficult to get your offer accepted. I want to help solve that problem.
According to Movoto Real Estate, a major real estate listing provider, Dallas-Fort Worth will continue to see a tight housing market for at least late 2021 due to a strong job market and a huge influx of people from other states. So buying a home now, as apposed to waiting for a “crash”, which isn’t likely to come, is the smart move.
Introducing our 29 Guaranteed Home Loan Closing Program
Our Guaranteed Home Loan Closing Program comes with a signed certificate that is presented with your pre-approval letter. The guaranteed home closing program will provide up to $2000* to the seller, $200 per day, if for some reason we do not close your loan in 29 days after receiving the purchase contract*. Once a borrower completes a full application, authorizes a credit report pull, and provides all the documents listed below, I will issue this certificate. The buyer’s agent will present this approval letter and certificate with the offer.
You might want to write a Seller compassion letter to present with your offer. This letter will explain to the seller why you are the perfect buyer for their beloved home. I will even provide you a template.
After you have selected the perfect home, you or your Realtor should call me or text me with the property address and listing agent contact information. I will contact the listing Realtor and explain to them the Guaranteed Home Loan Closing Program and how well qualified you are as a buyer. This will improve your chances dramatically.
Get started now by completing an application and receive your certificate by email right away.
This program is available for most FHA and conventional loan programs.
SELLER GUARANTEE DOCUMENTS CHECKLIST
ALL REQUESTED DOCUMENTS MUST BE SUBMITTED WITHIN 24 HOURS
DOCUMENTS NEEDED:
+ Most recent year-to-date pay-stubs covering 30 days
+ 2020 & 2019 final year-end pay-stubs with total year earnings
+ 2020 & 2019 W-2’s/1099’s
+ 2019 & 2018 Tax Returns (if self-employed or retirement pay)
+ Last 2 months Bank Statements (all pages)
+ Copy of your Driver’s License and Social Security Card
+ Divorce Decree/Child Support Order (if applicable)
+ If you own other properties, be prepared to provide:
+ Mortgage statement, taxes, insurance, and HOA info (if applicable)
Richard Woodward
NMLS 217454
Your Local, Direct, 5 Star Rated Mortgage Lender, Specialty Lending Manager
Office: (214) 945-1066
Service First Mortgage NMLS 166487
6800 Weiskopf Ave #200, McKinney, TX 75070
Licensed by the Texas Department of Savings and Mortgage Lending (SML) Mortgage Banker Registration, AZ 0924237, CO, FL MLD1342, KY MC358087, OH SM.501988.000, OK ML01483. Service First Mortgage is an Equal Housing Lender. This is not an offer of credit or commitment to lend. Loans are subject to buyer and property qualification. Rates and fees are subject to change without notice.
*All loans may not be eligible for Fast Pass. Excludes all USDA, Broker. Jumbo, Renovation, OTC, Reverse, and loans with second liens. 29 calendar days excludes National Holidays. Available only For FHA and conventional purchase transactions only Borrower must provide all documents for credit and income approval (all income, assets, etc. received before offer is accepted) No changes in the Purchase contract after submission of conditions for dear to close; seller cooperates with scheduling the appraisal inspection without any delays and appraisal is at the value and not subject to repairs no condominiums, rural or unique property types, including manufactured homes, the borrower must submit all requested documentation within 24 hours of a requested time (including Home Owners Insurance). Maximum reimbursement to $2000 ($200 per day). De lays in services provided by third-parties excluded. For FHA purchase transactions, the seller must have owned the property for at least I80 days at the time of contract. Offer null and void if either the seller or borrower extends the closing date, the closing does not occur on the contract closing date due to events outside the control of SFMC, LP including inclement weather, natural disaster, or other catastrophic events. Ce certificate doe s not constitute loan approval, the loan must lose with Service First to be eligible for guarantee incentive. Offer valid for purchase contracts executed on or before 8/3 /20 21
