Protect Your Transaction (PYT) - $10K Lender Performance Commitment!

Mortgage and Lending with AmeriFirst Financial Inc, San Diego, CA NMLS 259027

Protect Your TransactionSM (PYT) provides all parties to a real estate transaction with peace of mind that the Lender will deliver on its commitment to close on time. Take a moment to learn more about PYTSM in this article, and then ask the obvious question: "Why would I use a lender that doesn't provide a PYTSM commitment?"



Certified PYTSM Lenders commit to the following:

  • Lender will issue a loan commitment on or before 15th days from receiving a complete mortgage application (for eligible, approved applications) evidencing Lender's commitment to close on time
  • Lender will pay up to $10,000 in the event a transaction is canceled by Seller due to Lender's failure to fulfill the terms of the loan commitment


Why PYTSM Was Created

When real estate is bought and sold, both the Buyers and Sellers rely on a Lender Pre-Approval before committing to open escrow.  The Buyers incurs certain up-front expenses (including Inspection, Appraisal, and oftentimes HOA Certification fees).  These expenses may exceed $1000 in total.  The Sellers will also incur out of pocket expenses, as they are already making plans to buy their new home once their existing home sells. Additionally, the Real Estate Agents on both sides of the transaction continue to expend significant effort, providing their professional advice and ensuring that their respective clients' interests are protected throughout the transaction. 


Essentially, all parties need to have confidence that this sale will indeed happen.  Prior to the inception of PYTSM, if the Lender failed to fulfill its offer to lend, the lender was not financially responsible. A certified PYTSM lender puts its money where its mouth is, giving all parties a firm commitment and assurance that the transaction will close as expected.


Have you ever heard of a Lender putting up to $10,000 of real money to back up its loan commitment?  Have you ever worked with a Lender who will give you transparent online information as to where a borrower is in the loan process? With PYTSM, you now have this peace of mind!

Protect Your Transaction (PYT) -


How PYTSM Benefits Real Estate Agents

Real Estate Agents have a fiduciary duty to obtain the best price and terms for their clients. In a competitive bidding situation, more than just the offered price will be considered by the Seller; the terms and conditions of the offer make a material difference in determining the "best" offer. Real Estate Agents should recommend a certified PYTSM Lender to ensure the strongest possible offer - not just as to price, but also as to probability of closing - the most important term of all!


 How PYTSM Benefits the Buyer

As a Buyer, you should know that Sellers frequently receive multiple offers on their home. The Sellers of your potential new home are typically purchasing a new home for themselves and may base their decision as to which offer to accept on whom they believe is most likely to perform (i.e. close escrow on time).  Presenting your purchase offer with a PYTSM commitment will assure the Seller that your creditworthiness has already been approved by your Lender, and that Lender is willing to back that approval with up to a $10,000 performance assurance.  


How PYT Benefits the Seller

The biggest transaction risks a Seller faces are the Buyer's ability to obtain a loan approval and the Lender's ability to close on time. Any failure or delay in this process can jeopardize not only the immediate transaction, but also the Seller's subsequent purchase. A certified PYTSM Lender reduces those risks by providing a decision within 15 days of taking an application from the Buyer and by backing its commitment to lend with up to a $10,000 performance assurance. If you are a Seller with a new home purchase contingent on the sale of your existing home, make sure you are selling your home to a Buyer with a PYTSM loan commitment!


I encourage you today to contact a PYTSM certified lender. Start the home buying and home selling process from a position of strength knowing PYTSM is behind you.


After all - It's your transaction. Make sure it's protected. 



How do I get started with the PYT process?

Please feel free to contact Jason Gordon, PYT Certified Mortgage Loan Officer at AmeriFirst Financial.  You can call 619-200-8031, email, or visit 

All paperwork, application tools, and details can be acquired by contacting Jason Gordon.


Where can I read the "fine print" about PYT?

For specific information, including Frequently Asked Questions, please visit to learn more.


Finally there are Lender's who are willing to put their money where their mouth is!  

Protect Your Transaction (PYT) 

Posted by

For more information on topics like this, please feel free to visit (an educational resource for Borrowers, Real Estate Agents, and Financial Professionals). Educational content provided by:


Jason E. Gordon

Branch Manager | Sr. Mortgage Loan Officer



Gordon Mortgage Group - AmeriFirst Financial Inc.


Office: 619-200-8031



11440 W. Bernardo Court, Ste. 300, San Diego, CA 92127


What People Are Saying About Jason Gordon

 Not all Mortgage Lenders are alike! Find out what Clients, Real Estate Agents and other Financial & Legal Professionals have to say about Jason Gordon.



Attention Real Estate Agents!

 Ever heard of a Lender having more "skin in the game" during escrow than a Buyer? Ever wish a Lender would put their money where their mouth is? Learn how the Protect Your Transaction (PYT) program will improve the negotiation leverage for a Buyer, as well as how PYT benefits the Seller & Realtors in this short video.



Successful Realtors embrace technology to help market properties and themselves. This video summarizes a few of the tools the team at GORDON MORTGAGE GROUP (powered by AmeriFirst Financial Inc.) provide their Realtor Partners on a daily basis. Contact us today to learn more!



Recommended Links:


To see if you qualify (and to obtain a current market interest rate quote), click here for a secure online loan application form.


Gordon Mortgage Group - AmeriFirst Financial


Licensed by the Department of Corporations under the California Residential Mortgage Lending Act.

AmeriFirst Financial Inc., 1550 E. McKellips Road, Suite 117, Mesa, AZ 85203 (NMLS #145368) Toll free phone (877) 276-1974. Copyright 2012. All rights reserved. This is not an offer to enter into an agreement. Not all customers will qualify. Information, rates, and programs are subject to change without prior notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations may apply. AmeriFirst Financial is required to disclose the following licensing information. Please click here for licensing information. 




Gordon Mortgage Group Credentials 

Jason Gordon Mortgage 

Re-Blogged 1 time:

Re-Blogged By Re-Blogged At
Home Buying
California San Diego County
Mortgage Blogs
Dedicated Bloggers
San Diego North County Real Estate
san diego
preapproval letter
jason gordon mortgage
protect your transaction
10k assurance
ethical mortgage professional

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Thomas J. Nelson, Realtor, ePRO, CRS, RCS-D
Big Block Realty 858.232.8722 - La Jolla, CA
& Host of Postcards From Success Podcast

This is FREAKING AWESOME!!! Great training too Jason. I can't wait to let the San Diego buyers I serve know, sellers too!


Nov 11, 2014 06:34 AM #1
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?


Jason E. Gordon

Sr. Loan Officer, CMPS, CDLP, RCS-D, CDPE, CMHS
Ask me a question
Spam prevention

Additional Information