YES! I took an application on a Tuesday and closed it at 5 PM Friday night! As long as a complete application is taken and any verifications (i.e. employment or rental) are conducted quickly and the file is internally underwritten via the FNMA or Freddie or FHA engines, and the appraisal is complete, lenders can close and fund within 72 hours.
Now many of you are probably saying what lenders in your area can do this. What do we have at Seacoast Mortgage that other places may or may not have. Here is the list:
•1) Licensed lender AND broker
•2) Internal underwriter (employed by Seacoast)
•3) Quantity of loans (and quality!) to become a correspondent lender. We can prepare our own documents AND we receive premium pricing (BETTER RATES!)
•4) A very good rapport with the account rep from the lender
Knowledge is power!
Ann Sabbagh
Vice-President
Seacoast Mortgage
508-243-1190 (cell)
Licenses in RI, MA, CT and FL
"When you choose me as your mortgage consultant, you also choose a financial planner who has YOUR financial strength as the PRIMARY concern"
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