On-Time Closing Guarantee Terms & Conditions

1. Overview of Guarantee

Fix and Flip Loans Texas offers an On-Time Closing Guarantee to eligible borrowers. This guarantee ensures that, under qualifying conditions, your loan will close by the date stated in your executed loan agreement. If we fail to meet this deadline due to internal delays, you may qualify for a fee waiver or reimbursement as outlined below.

2. Eligibility Criteria

To be eligible for the On-Time Closing Guarantee, borrowers must:
– Submit all required documentation within 48 hours of application
– Respond to all underwriting inquiries within 24 hours
– Use a title and escrow company approved by Fix and Flip Loans Texas
– Not change loan terms or requested closing date after underwriting approval
– Have no material changes to financials, credit, or collateral value

3. What the Guarantee Covers

The On-Time Closing Guarantee covers delays caused solely by Fix and Flip Loans Texas or our direct lending partners. If we miss the committed closing date under these circumstances, we will:
– Waive up to $1,000 in lender or processing fees OR
– Provide a $500 closing credit, at our discretion

4. Exclusions from Guarantee

This guarantee does NOT apply if delays are caused by:
– Incomplete or late borrower submissions
– Title issues, third-party vendors, or appraisal delays
– Fraud detection, additional compliance checks, or regulatory changes
– Borrower-initiated changes to loan terms, collateral, or closing date

5. How to Claim the Guarantee

To redeem the guarantee, borrowers must:
– Submit a written request within 10 business days of the original closing date
– Include documentation proving compliance with eligibility terms

All claims will be reviewed within 15 business days, and approved credits will be issued at closing or refunded post-closing if applicable.

6. Changes to Guarantee Program

Fix and Flip Loans Texas reserves the right to amend or discontinue the On-Time Closing Guarantee at any time without prior notice. Changes will not affect agreements already in progress.

7. Contact for Guarantee Inquiries

For questions or to submit a guarantee claim, contact:
Email: closings@fixandfliploanstexas.com
Phone: (800) 664-7505
Mail :1911 Pacific Ave. Suite 2000. Dallas, TX 75201

Legal Disclaimer

This Guarantee does not constitute a promise to lend or a commitment to close any specific transaction. It is subject to underwriting approval and market conditions. This document is for informational purposes only and not a binding contract. Seek legal counsel for loan-specific terms.

Structured FAQ Markup (For SEO)

Q: What is the On-Time Closing Guarantee?
A: It’s our commitment to close your loan by the agreed date or issue a fee credit if the delay is our fault.

Q: How do I qualify for the guarantee?
A: Submit documents on time, respond quickly, and meet all lender requirements without changing terms.