The Real Estate Browser Volume 8, Issue 15 | Page 14

14 — Say you saw it in The Real Estate Browser of Lynchburg — Volume 8 Number 15
www.LynchburgRealEstateBrowser.com
Summit Mortgage Corporation Announces New Program:
$10,000 Underwriting Guarantee
By Sherry Brady, NMLS 217258, Branch Manager,
Summit Mortgage Corporation
There aren’t many things in life that come with a Summit’s $10,000 Underwriting Guarantee is a
guarantee; especially when it comes to buying your commitment we will issue to the seller which will
new home, but Summit Mortgage Corporation has a make you, as a buyer, very attractive. It tells the seller
new program offering just that. that we have already conducted a thorough review of
your credit, income and assets, and tells the seller that
It’s a tight market in the Lynchburg region right
now. The inventory of homes to choose from is very
low, which means that when a nice home hits the
subject to receiving an acceptable appraisal, market-
able title, and there being no adverse material changes
If in your circumstances, we will pay the seller $10,000
you’re a seller you could find yourself with an offer on if this loan does not close. Other conditions, if any,
your home much sooner than you expected, so you will be listed on the Guarantee Certificate so the seller
need to know what your next move is! will know exactly what they’re getting when they
market, and its priced right, it’s sure to go quickly.
If you’re a
buyer, low inventory could make finding your dream
home tricky. You need to be actively watching the
market because a good home could go in a mat-
ter of days. You need to be ready to make an offer
quickly and be taken seriously by a seller who could
be receiving multiple offers from competing buyers.
That’s where Summit Mortgage Corporation $10,000
Underwriting Guarantee comes in!
We’re taking the pre-approval process to a new
level. For years, I’ve talked about the importance
of getting pre-approved before you start your home
search. That advice is more important today than
ever. If you’re a buyer in this market, you simply
must be ready to act once you find something you
like. Our pre-approvals are as strong and reliable as
they’ve ever been, but now, we won’t stop there. If
you’re using a Conventional, FHA or VA loan, we’re
guaranteeing your approval! After the pre-approval,
we’ll continue to do the credit underwriting portion
receive an offer from you.
That kind of guarantee will make you much more
attractive to the seller and help you win in this com-
peting market. In addition to having a guarantee of
closing, you’ll also be able to close quickly if you want
– YOU are already credit approved. As the lender,
we only need to do the appraisal and title work on
the property still, so you can offer an earlier closing
date than someone who is just beginning the process.
Being able to offer the seller a quick closing can also
help you close the deal.
Interested in becoming a buyer with a guaran-
tee?
Summit’s highly qualified and experienced
team is ready to help you! Go online to www.
LynchburgLender.com or call us at 434-237-1027
and let us help you GET MOVING!
Summit Mortgage Corporatio n NMLS
of your loan, obtaining a full credit approval. You #1041, nmlsconsumeraccess.org, Equal Housing
now qualify for Summit’s $10,000 Guarantee. Opportunity.