Seven Day Closings Guaranteed, Exclusive Loan Benefit Announced by Shore Mortgage
BIRMINGHAM, Mich., Feb. 11, 2011 /PRNewswire/ -- Shore Mortgage is so confident in the company's ability to close a loan within seven days, provided that all documents are complete, that it has backed the statement up with a written $1000 guarantee, it was announced today by Robert Rahal, President of the locally-based financial services firm with over 25 years in the mortgage services industry marketplace.
"If all final prepared purchase transaction closing documents are complete*, Shore Mortgage will close the loan in seven days, guaranteed," said Rahal. "We know that our applicants and real estate brokers and agents value the importance of saving time so that the purchase is funded, the loan is closed, and the buyer can move into their home. It is a win-win for all parties concerned. There is no waiting beyond the seven days provided all closing papers are complete or we will pay $1000."
The company is ranked among the top 15 nationally, holds an important standing with Lenders One Alliance and many others and is licensed to do business in Alabama, Arkansas, Arizona, Florida, Georgia, Illinois, Indiana, Maine, Michigan, Mississippi, Missouri, Montana, Nebraska, New Hampshire, New Mexico, North Carolina, North Dakota, Ohio, Oklahoma, South Carolina, Tennessee, Utah, Virginia, Washington and Wisconsin.
For additional information about the seven day loan closing guarantee and the benefits of a Shore Mortgage, please visit the firm's website at www.shoremortgage.com; or telephone 248.433.3300.
*This guarantee is based on clients' approval for a residential mortgage loan. All language related to the Mortgage approval and process apply. The client must supply validation documentation within 72 hours to support all aspects of the mortgage application process. In addition, purchase contracts must be written for 30 days minimum to qualify. Shore Mortgage will require an approved appraisal along with clear and approved title policy. All standards of the approval process must conform to Shore Mortgage underwriting policies and standards. The written Guarantee will expire upon the expiration of the loan approval and has no relation to the rate lock or expiration. Shore Mortgage reserves the right to cancel or change this program at any time.
SOURCE Shore Mortgage
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