John Ingram of New American Funding just closed a loan for a longtime client of mine in record time…. AND with a contingency on the sale of his current home AND a transfer of funds from one escrow to the other!
New American funded the loan almost simultaneously once our first buyer’s loan had funded! This allowed both transactions to close by 1 PM on the Wednesday before Thanksgiving.
The money for the second seller’s payoff (which was an FHA loan) was wired to his lender on Wednesday. Had that not happened, the seller would have owed another month’s interest as the wire could not be sent until December 2nd. Even though he was not our client, everyone jumped through hoops to save him money.
Kudos to John Ingram, New American Funding, and Equity Title! What a great team to have on our side!!