On-Time Closing Guarantee Terms & Conditions
1. Overview
Fix and Flip Loans Florida is committed to helping real estate investors close on time. Our On-Time Closing Guarantee applies to qualified loan submissions under specified terms.
2. Eligibility Requirements
To be eligible for the On-Time Closing Guarantee:
– The borrower must provide all required documentation within 48 hours of request.
– The property must meet preliminary eligibility criteria.
– The borrower must respond to all communication requests within one business day.
– The closing timeline must allow for at least 10 business days.
3. Covered Transactions
This guarantee applies only to:
– Fix and flip loans
– Ground-up construction loans
– Bridge loans
It does not apply to:
– Loans with missing or falsified information
– Transactions involving complex legal encumbrances
4. Guarantee Terms
If we fail to close the loan by the agreed-upon closing date due to delays within our control, you may be eligible for:
– A credit of up to $1,000 toward closing costs
– Priority underwriting on future loan submissions
5. Exclusions
This guarantee does not apply if delays are caused by:
– Title issues
– Appraisal or inspection delays
– Borrower or third-party non-compliance
– Force majeure or uncontrollable events
6. Claims Process
To make a claim under this guarantee:
– Submit your request within 5 business days of the missed closing
– Include supporting documentation and communication history
– Email your request to claims@fixandfliploansflorida.net
7. Amendments
We reserve the right to amend or terminate the On-Time Closing Guarantee at any time without prior notice.
8. Contact Us
📧 Email: claims@fixandfliploansflorida.net
📬 Mail: 1001 Brickell Ave. Suite 715. Miami, FL 33131
📞 Phone: (800) 664-7505
Legal Disclaimer
This document is for informational purposes only and does not constitute a contractual obligation. All claims are subject to review and approval.