What is Our 14 Business
Day Close Guarantee?
In an always changing, ever-competitive mortgage market, New American Funding offers a 14 Business Day Close Guarantee on many of our purchase loan transactions. For you as a borrower, that means a faster loan experience to help get you into the home of your dreams. With the 14 Business Day Close Guarantee, New American Funding stands behind its loans with the competitive edge you need to complete your loan quickly and to build a trusted relationship with you for future homebuying and refinancing opportunities.
Your Loan Closed in 14 Business
We guarantee that your loan will close in 14 business days. Period. Delivering loans on time is our top priority! With our 14 Business Day Close Guarantee, you get:
- Fast Credit Approvals
- Accelerated Loan Processing
- Expedited Underwriting
Combined with a fully underwritten preapproval, our 14 Business Day Close Guarantee gives you a powerful one-two punch that's impossible for sellers to ignore. If New American Funding fails to close your purchase in 14 business days, a lender credit of $250 will be applied toward your closing costs.
Advantages May Include:
- Providing certainty and control in the bargaining process
- Making offers more attractive to sellers
- Moving offers to the front of the line
- Easing time worries for all parties