Closing Loans on Time, Under Budget, With No Surprises®
Hallmark Guarantees our Full Document Pre-Approvals as long as:
Your personal financial qualifications stay the same or improve
The pre-approved loan parameters stay the same or improve
The property meets all the necessary loan requirements
If we were wrong, we will:
Reimburse documented short-term moving, relocation and/or storage expenses up to $1,500
Reimburse any documented lost home inspection or appraisal expenses up to $1,000
Reimburse any forfeited earnest money expenses up to $5,000
“Personal financial qualifications” includes but is not limited to employment, income, assets, credit scores, and debt.
“Pre-Approved Loan Parameters” includes but is not limited to maximum loan amount, maximum total monthly payment, maximum interest rate, interest rate market conditions, down payment requirements, mortgage insurance requirements, and property insurance requirements.
“Necessary loan requirements” of the property include but are not limited to appraised value, insurability, property condition, inspection condition, legal title conditions, HOA conditions, and housing project conditions.