Real Estate - Mesa, Arizona, United States
About Protect Your TransactionProtect Your Transaction is a quality assurance program that provides all transaction parties with confidence that the Buyer's offer is pre-approved and the Lender is committed to the loan. All PYT Lenders provide the follow promises: Lender will pay $10,000 in the event it fails to deliver on its loan commitment Lender will issue a loan commitment on or before the 15th day from the complete mortgage loan application Lender will provide communication and documentation during the loan processWhy Protect Your Transaction was createdIn a home purchase transaction there are two primary parties, the Seller and the Buyer. Both parties make major commitments in a home purchase transaction. Sellers agreed to turn-down other offers and may also be buyers of a new home that depends on the sale of its current home. Addition months of mortgage payments and uncertainty when transactions do not close represents thousands of dollars and hardship. Buyers may be selling their current home, given notice to their landlord, hired moving vans, researched new schools... a lot is riding on making sure their home purchase closes.Basically, everyone wants to feel confident that the transaction will happen. When a Lender makes a commitment to finance the Buyer's purchase, that commitment needs to be one that all parties can trust. What happens when the Lender does not deliver on their commitment? Sellers and Buyers are left to pick up the pieces and the Lender... they move on to the next transaction.Protect Your Transaction was created to make sure the Lender has 'skin in the game' and committed to the transaction.To locate a Certified Lender, please call or visit us online at:www.ProtectYourTransaction.com(866)-600-3700
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