The Real Estate Browser Volume 9, Issue 6 | Page 14

14 — Say you saw it in The Real Estate Browser of Lynchburg — Volume 9 Number 6
www.LynchburgRealEstateBrowser.com
Use Summit Mortgage Corporation’s $10,000 Underwriting
Guarantee to be the Strongest Bidder!
By Sherry Brady, Branch Manager, Summit Mortgage Corporation
There aren’t many things in life
that come with a guarantee; espe-
cially when it comes to buying your new home,
but Summit Mortgage Corporation has a program
offering just 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 market, and its priced right, it’s
sure to go quickly. If you’re a seller you could
find yourself with an offer on your home much
sooner than you expected, so you need to know
what your next move is! And if you’re a buyer,
low inventory could make finding your dream
home very tricky. You need to be actively watch-
ing the market because a good home could
come and go in a matter of hours! 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’ve taken 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 can even take that a step further by fully credit
underwriting your loan, and if you’ll be using a
Conventional, FHA or VA loan, we can guarantee
your approval!
With Summit’s $10,000 Underwriting
Guarantee Program, we issue a commitment
certificate to the seller which will make you, as
a buyer, very attractive. It tells the seller that we
have already conducted a thorough review of
your credit, income and assets, and tells the seller
that subject to receiving an acceptable appraisal,
and clear title, and there being no adverse materi-
al changes in your circumstances, we will pay the
seller $10,000 if this loan does not close. Other
conditions, if any, will be listed on the Guarantee
Certificate so the seller will know exactly what
they’re getting when they receive an offer from
you.
That kind of guarantee will make you much
more attractive to the seller and help you win in
this competing market. In addition to having a
guarantee of closing, you’ll also be able to close
quickly if you want, because you’re more than
half way through the loan process already…you’re
already credit approved! At that point, we only
need to do the appraisal and title work on the
property, 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 win the bid if there are multiple
offers on the house.
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 Corporation NMLS
#1041, nmlsconsumeraccess.org, Equal Housing
Opportunity.