Tips for a Fast Closing
- Have all of your papers in order. Depending on the type of loan we will typically request the following documents.
- Copies of Corporate/LLC formation documentation
- Copies of a sales contract
- Drivers License
- Detailed list of proposed repairs, draw schedules, labor/material costs, etc. if construction loan.
Have a Title & Insurance Company set up
We have a title company and 2 insurance companies we regularly work with that we can refer you to. Using our title company and insurance companies will save both of us time and ensure a smooth closing process. We will require you to provide evidence of General Liability Property Insurance prior to closing.
Assuming that there are no inspection, title, or appraisal issues and a General Liability Insurance Policy is in place, we will close your loan through a title company and the title company will disperse funds.
Be Ready for Property Inspection
We will have a representative inspect your property before closing. The inspector will contact you directly for a day/time to inspect.