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We
Will Beat Any Rate Or Give You $500
We
Beat Any Rate,
Borrowing
Money Now Makes More Sense Than Ever!
Mortgage
Tree Capital
guarantees that it will beat your
Mortgage Broker’s deal.
We
will beat any interest rate offered by
another lender for either an adjustable rate
loan or a fixed rate loan or you'll get $500
cash!
You
may ask, "How is that possible?"
Unlike
your local bank, which has their own
products that they want to sell you (at
a mark up) if you meet their strict criteria
to qualify. Your local bank is not always
interested in what's best for you but what's
best for their financial portfolio for their
own investors. Although we can fund your
loan in house, we are not limited to one
banks products or rates. We look at your
credit profile, suggest improvements, and
match you with over 200 of our resources to
get you that perfect loan.
We
are licensed to receive wholesale rates,
wholesale rates basically means rates that
are not available to the public, similar to
what Wal-Mart pays its wholesalers for its
product prior to selling it to you at the
store level. However, we don’t have the
huge overhead that your local bank has so we
are able to pass that savings on to you. We
are confident that we
will beat your rate or give you $500 cash.
Terms
Submit a competing offer from a Mortgage Tree
Capital
in the form of a Good Faith Estimate, and
loan commitment letter or loan approval
letter dated
within 10 days of the date that you present
the competing offer to Mortgage Tree Capital.
The offer must show the loan amount,
interest rate, margin, caps, term,
origination and discount points, and all
Lender, Broker and third party fees.
Apply for the identical loan with Mortgage
Tree Capital. Mortgage Tree Capital
will run your credit report, pre-qualify
your application and make an offer to you.
If we beat the Broker’s offer (and we
will), you must lock your rate with Mortgage
Tree Capital
and put your application into process to
guarantee your rate.
Terms and Conditions
1. The subject property must be located in
the State of California.
2. The offer applies only for Applicants
with a qualifying FICO scores
3. The competing offer must come from the
California Department of Real Estate
Licensed Mortgage Finance Lender or Broker.
4. The competing offer must be dated within
ten days of the date of submission to Mortgage
Tree Capital.
5. Only one competing offer per applicant.
6. The competing offer must be on a first
mortgage loan product offered by Mortgage
Tree Capital
on the date of submission.
7. If you close your loan with the Mortgage
Broker, your loan application must close
within 21 days of submitting the qualifying
offer to Mortgage Tree Capital.
The terms of the transaction must be
identical to the terms submitted to Mortgage
Tree Capital
as the competing offer.
8. Your application with Mortgage Tree Capital
is subject to income and employment
verification, a satisfactory title report,
appraisal and Underwriting approval. The
appraised value must be the same or higher
than the value estimated provided on the
loan application. Certain restrictions may
apply for VA and FHA loans and subject to
review.
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