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Director's Mortgage Advantage Letter Faq Grant-Kinder Team
- 1. directorsmortgage.net Revised: 3/10/16 ADVANTAGE LETTER FAQ Directors Mortgage is now offering a guarantee of earnest money, up to $5,000, when we issue a Direct Advantage Preapproval letter! Set your offer apart from your competition with a customized Direct Advantage pre-approval letter and see the power this has for you and your clients! What is not covered • Parties cannot come to terms • There is an issue due to the inspection contingency • If any party changes their mind about buying or selling • We need more time (generally only needed due to property issues) and parties will not agree to extend the contract Why are we doing this? • We are your partners • It is our job to help you grow your business • We want to give you tools to stand out in the market place Selling Agents: • You can increase the earnest money up to $5,000 with no risk to your buyer • You can make an offer with NO financing contingency!! • You can make your earnest money nonrefundable after the inspections have been cleared • Your client’s offer is more competitive so you have a better chance of your offer being accepted! • Use your relationship with us to help you get more clients: “My preferred lender offers the buyer and seller guaranteed earnest money!” Listing Agents: • Know that when you get a Directors Mortgage preapproval your client is protected! How does the guarantee work/what does it cover? If we cannot close the loan due to a problem with the financing, we will refund the Earnest Money 100% up to $5,000. For Example: • Unforeseen job termination • A last minute judgment pops up • A last minute collection pops up • The home doesn’t appraise and parties can’t come to terms What does this mean for you and your clients? This flyer is created for educational purposes only to Real Estate Agents and provides details of products offered by or through Directors Mortgage. This is not intended to be provided to potential borrowers. Not all products are underwritten by Directors Mortgage. Not all borrowers will qualify for products outline above. Information deemed reliable but subject to change without notice. Qualifying buyers only, subject to credit approval. This is not a commitment to lend. Call for Details. Consumer Loan License NMLS-3240, CL-3240. ECIRUAM TNARG tsilaicepSegagtroM.rS 879772:SLMN 7211.txE0006.636.305 ecfifO 9626.607.305 tceriD 572ETIUS,YAWESURKWS0554 53079RO,OGEWSOEKAL ten.egagtromsrotcerid@tnargm ELLEHCIM REDNIK tsilaicepSegagtroM.rS 973141#SLMN 8821.txE0006.636.305 ecfifO 2925.807.305 tceriD YAWESURKWS0554 572ETIUS 53079RO,OGEWSOEKAL ten.egagtromsrotcerid@rednikm