On-Time Closing Guarantee Terms & Conditions

1. Program Overview

The on-time closing guarantee ensures that qualifying loans submitted with complete documentation close within the specified timeframe or the borrower receives a credit (terms below).

2. Eligibility Requirements

To qualify for on-time closing guarantee, borrowers must:
– Submit a complete loan application
– Provide all required documents within 48 hours of request
– Work with a participating title/escrow company
– Meet all underwriting conditions by the specified date

3. Guaranteed Closing Period

Fix and Flip Loans Near Me gives on-time closing guarantee within 10 business days of final document submission for eligible fix and flip loans, subject to verification and funding availability.

4. Exclusions

The guarantee does NOT apply if:
– Delays are caused by borrower non-responsiveness
– Title or appraisal issues arise
– Natural disasters, holidays, or uncontrollable events impact timelines
– Loan changes or re-structuring occur after underwriting

5. Compensation for Missed Deadline

If we fail to meet the guaranteed closing deadline and the borrower has fulfilled all obligations, they will receive a $1,000 credit at closing.

6. Claims Process

– Borrower must submit a claim in writing within 5 days of the missed closing
– Claims are reviewed within 10 business days
– Approved credits are applied at closing or refunded post-closing if needed

7. Modification or Termination

Fix and Flip Loans Near Me reserves the right to modify, suspend, or terminate the program at any time. All existing qualified applications will be honored.

8. Legal Disclaimer

This guarantee is not an offer to lend. It is a promotional feature subject to the terms outlined here and applicable laws.

9. Contact Us

📧 Email: closings@fixandfliploansnearme.com
📬 Mail: 1911 Pacific Ave. Suite 2000. Dallas, TX 75201
📞 Phone: (800) 664-7505