30 DAY CLOSING GUARANTEE
Terms and Conditions
Please review the terms
and conditions below.
Disclaimers
Pre-Approval and Closing
Guarantee are based on a preliminary review of Borrower's credit information
only and is not a commitment to lend. The Closing Guarantee is subject to
verification of the information submitted on Borrower's application, in
addition to Borrower’s property eligibility.
Rules and Restrictions
1.
The "30 Day Closing
Guarantee" timeframe begins upon receipt of the pre-approved Borrower's
completed application and executed purchase and sales agreement.
2.
A mortgage payment, for
the purposes of this promotion, is defined as principal and interest up to $1,500.
3.
Any additional required
documentation/information must be provided by Borrower within 48 hours of each
request.
4.
Any alteration to the
loan amount or loan terms by, or per request of, Borrower will invalidate the
guarantee.
5.
Any alteration to the
closing date documented in the original purchase and sales agreement will
invalidate the guarantee.
6.
Should Borrower choose
their own title agent, title vendor must submit preliminary title work within
10 days of initial application.
7.
Appraisal must be
scheduled within 24 hours of initial contact by appraiser.
8.
Property must appraise
at or above the sale price.
9.
All pre-closing
conditions must be satisfied 5 days prior to the scheduled closing date.
10.
Closing dates extended
due to a delay in completion of new construction, and improvements or repairs
made to an existing property, will invalidate the guarantee.
11.
Loans for new
construction properties require a final certificate of occupancy for
consideration.
12.
Fraudulent or purposely
misleading information provided by Borrower will invalidate the guarantee.
For more information
about this subject and about loan questions please contact Frank Marta Texas
Home Loan Specialist. Info@nuhomegroup.com or give us a call (713) 373-0345
NuHome Group 713-373-0345
1445 North Loop West Suite 105 Houston, TX 77008
Frank Marta NMLS# 245813/835196
