21 Day Fast Track TBD Loan Program
21 Day FAST Track TBD Loan Program
The 21 Day Fast Track TBD: 21 Day Fast Track TBD Loan Prorgam has a 21 day fast tract mortgage program when most loan close in 21 days. The Fast Track TBD Mortgage Program is called The Accelerate Buyers Mortgage Program
- Realtors love this program where you do not need a subject property and a mortgage processor will process the mortgage file and submit the mortgage loan to the underwriting department to the mortgage underwriting division.
- A mortgage underwriter will be assigned to the mortgage file and will do a full underwrite the only thing that will be mission is the subject property and tile and appraisal for the property.
Once the property is is submitted , the title and appraisal will be reviewed and a clear to close will be be approved and a clear to close will be issue. Most closings on the Fast Track TBD Loan Program will get a loan commitment will be get a clear to close in a less than than a week.
Almost Comparable As Cash To Close
Most borrowers, home sellers and real estate brokers do not realize is that the fast tract TBD Loan Program is similar as a cash to close. There is no pre-approval here. It is a full blown mortgage approval and the only condition loan approval is tha loan appraisal. unless the house is complete a shack where it is completely habilasble, the house can be financed . If the house is a complete a complete shack and is uninhabitable, the home can be converted to a FH203K lOAN.
Not all lenders offers the 21 Day Fast Track TBD Mortgage Program. Many lenders will call it TBD Underwrite and as mentioned above, others call it TBD Loan Programs. Borrowers with less than perfect credit or higher debt to income ratios should submit their loan applications as a TBD Underwrite and get the approval first before proceeding in signing a real estate home purchase contract.