Our Promise to Your Buyers:
Weâll close by our projected closing date, or your first mortgage payment is on us*
Total Mortgage stands by our word. Moving is stressful enough for buyers. The last thing they (or you) need is a lender who misses the closing dateâand then charges extension fees.
With our OnTrack Guarantee, we promise that weâll close your buyerâs purchase loan on time.*
*Terms and conditions apply. Click here for details.
How long do you generally take?
Some loan programs take longer to close than others, but for the simple purchase programs that most borrowers go for, we average around 30 days from the application to the closing table. Thatâs 1-2 weeks faster than most big banks.
What happens if you fall behind?
We wonât. But if we do miss your buyerâs closing date, weâll make it up to them by making their first mortgage payment and paying any extension fees. Itâs the least we can do.
How do you move so quickly?
Our Mortgage Experts are trained to guide our borrowers through the whole process, so that their loan is always moving. Weâve also spent years tweaking our underwriting process to maximize efficiency and spot potential roadblocks before they become a problem.
What if my buyerâs last lender failed?
We work directly with Fannie Mae and Freddie Mac, which gives us more flexibility than some other lenders. While we canât guarantee to approve a loan sight unseen, if itâs possible for us to close it, weâll find a way.
What if my buyers havenât settled on a house yet?
If your buyers are still very early in the process, point them toward our GreenLight approval program. Once completed, it allows us to guarantee them a speedy 21-day closing.*
*Terms and Conditions Apply. For complete details click here.
Closing on time is really that simple. Reach out to one of our experts to learn more about our OnTrack guarantee.