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Updated over 7 years ago on . Most recent reply

User Stats

26
Posts
4
Votes
Andrew Smith
  • Real Estate Investor
  • Keller, TX
4
Votes |
26
Posts

How fast can HML really close?

Andrew Smith
  • Real Estate Investor
  • Keller, TX
Posted

I found a home from a wholesaler and I want to purchase it. It needs to close on the 29th, but there is the likely hood I can get an extension of a few days if absolutely necessary.

The rub is, all of the supposed HML I've talked to say its going to be difficult to close that fast. I thought closing fast was one of the main selling points for HML. If I'm going to pay the higher interest and points for a loan that will take the normal amount of time to get, what's the point? Where is the value for me?

Anyways, I'm in Dallas, Texas. Does anyone have any suggestions on who to use that can close quickly and is still reasonable? It will be a quick rehab.

Thank you!

Most Popular Reply

User Stats

71
Posts
48
Votes
Jon S.
  • Lender
  • Dallas, TX
48
Votes |
71
Posts
Jon S.
  • Lender
  • Dallas, TX
Replied

Hello Andrew.  We close in 3-5 business days in Dallas.  PM me to discuss.  Thx.

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