"Best Price" guarantee details:
 To
qualify you will need notify Earth Mortgage in writing of a
competing offer (via the GFE) to be given a chance to beat
the offer.
Competing
offers must be for the borrowers exact loan requirements,
from a national lender, and for a conforming loan program
that is offered by Earth Mortgage. In addition, the
competitors' rate and closing quote must be available on the
competitors' website for the borrowers' specific loan
criteria.
The
rate, commitment period and loan program for the competing
offer must all match Earth Mortgage's offer. Competing
offers must be dated and presented to Earth Mortgage on the
day of the offer.
Borrowers
who have already locked their rate with Earth Mortgage are
not eligible for this guarantee.
This
guarantee is for residential purchase and refinance first
mortgage products only.
Third
party and government fees are beyond Earth Mortgage's
control therefore are not included in this guarantee.
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$500 "Close on Time" guarantee details:
Provide
Earth Mortgage all documentation and information requested
within 24 hours of request.
Be
responsive to all 3rd party provider requests for information.
With all requests for information responded to within 24 hours.
If
you select your own closing agent, your agent must provide
preliminary title work to Earth Mortgage within 5 days from the
date of request and be willing to schedule the closing at our
requested time.
Loan
application must have final underwriting approval. Final
underwriting approval consist of a thorough review of all income
& asset documentation; the property appraisal and the
preliminary title report as well as, any other documentation
deemed necessary by the underwriter prior to the loan papers
being prepared.
Appraiser
must provide Earth Mortgage an acceptable appraisal on the
property within 5 days from the date of request.
Closing
dates extended due to a delay in completion of new construction
or improvements or required repairs made to an existing property
are ineligible.
If
Earth Mortgage fails to close your loan on the closing date
determined at application and all of the above requirements have
been met, a $500 credit will be given towards closing costs;
loan must close with Earth Mortgage to receive credit. |
