{"id":4763,"date":"2016-10-07T11:42:28","date_gmt":"2016-10-07T11:42:28","guid":{"rendered":"http:\/\/teammovemortgage.com\/?p=4763"},"modified":"2020-07-13T22:33:02","modified_gmt":"2020-07-13T22:33:02","slug":"usda-commitment","status":"publish","type":"post","link":"https:\/\/teammovemortgage.com\/blog\/usda-commitment\/","title":{"rendered":"USDA Commitment in 19 Days From Application!"},"content":{"rendered":"

USDA Commitment Done Right!<\/h2>\n

We love USDA loans!\u00a0 Not only are buyers able to purchase with no money down, but it is flexible on credit.\u00a0 On top of this, USDA just made homeownership more affordable effective 10\/1\/16!\u00a0 This was accomplished by USDA drastically lowering the guarantee fee and the monthly mortgage insurance<\/span><\/a>.\u00a0 Now check out our USDA Success Story of the week below!\u00a0 We received a USDA Commitment very quickly and closed as scheduled.<\/p>\n

Our Process Allows for Quicker USDA Commitment<\/h2>\n

We just closed a purchase with a USDA loan 22 days from the contract receipt.\u00a0 So, we received the purchase contract on 9\/8\/16 with an expected\u00a0contract closing date of September 30, 2016.\u00a0\u00a0Then, after processing & underwriting, we received the\u00a0USDA commitment on 9\/27\/16.\u00a0 Only 19 calendar days for the commitment\u00a0and that includes the four day wait at USDA!<\/p>\n

So how do we do this?\u00a0 First of all, our purchase process is geared for speed<\/strong><\/em>.\u00a0 Along the way, we even communicate updates to all parties<\/strong><\/em>.\u00a0 In order for a quick closing to happen, the buyer must provide documentation when requested<\/em><\/strong>.\u00a0 Our buyer provided all documentation requested very early.\u00a0 This\u00a0allowed us to have much of the process completed prior to contract<\/strong><\/em>.\u00a0 Additionally the real estate agents provided all requested information in a proactive manner<\/strong><\/em>.\u00a0 Basically, when people work as a team, good things happen!\u00a0 We feel that\u00a0Our Process<\/span><\/a>\u00a0creates the best chance of success for buyers.\u00a0 That is why we feel comfortable leading the purchase process, yet working as a team with all parties.\u00a0 Communication and Execution for your success!<\/strong><\/em><\/p>\n

Quotes From This USDA Commitment Success Story<\/h2>\n

\"USDA<\/p>\n

We love our customers and love working with Realtors, builders, attorneys, among others in the purchase process.\u00a0 So it makes us so happy to get comments like these from this purchase.<\/p>\n

Buyer’s agent:\u00a0 Because of how difficult this feat can be, our understandable first quote from\u00a0this agent was “I will be extremely surprised if it closes on time<\/em>.”.<\/span>\u00a0 But as we progressed through the purchase process, it changed to “this lender has done extra things I’ve never seen any other lender do<\/span>.<\/em>”<\/p>\n

Listing agent:\u00a0 “You guys didn’t try to get it done, y’all done this thing and my sellers are ecstatic<\/em>.<\/span>“.\u00a0 Actually both agents mentioned that this is one of the best processes they have ever been through on a purchase.<\/p>\n

Buyer comments:\u00a0 “You and your team have been a dream come true.<\/span><\/em>\u00a0 This was nothing like the previous process when I bought a house.\u00a0 We got clear to close and moved the time forward.\u00a0 I’m speechless, thank you!<\/em><\/span>“<\/span><\/p>\n

Is a USDA Home Loan Right For You?<\/h2>\n

USDA\u00a0may be\u00a0the least\u00a0known mortgage type.\u00a0\u00a0But besides\u00a0VA, it is the only other single loan financing 100% and it is cheaper now.\u00a0 Improvements to USDA includes the following:\"USDA<\/p>\n