|
Underwriting, Funding, and Servicing
Underwriting
On we have all the items we need, we
can render decision within 24 hours.
Upon borrower's verbal or written
acceptance of terms, we issue a Commitment Letter. Once borrower signs
and returns Commitment Letter to us, we
schedule property inspection. After
property is inspected, we order title
from a RevitaLending approved settlement
company. Once we receive clear title
report we can close within 48 hours. The
entire process, on average, takes about
7 to 10 days.
To submit a loan to us, please
Click HERE
for our loan submission form.
Funding
RevitaLending works with you and the
title company to schedule your
settlement date before any pertinent
deadlines. Our client service team
ensures that you and your property are
ready for funding. Most closings can
take place within 7-10 days.
Servicing
Once your loan has been funded by
RevitaLending, we will service your loan
until you are ready to pay us off. We
conduct property visits to ensure the
condition of your property is being
upheld and that your rehab or
construction project is staying on
track. If your project requires
renovation or construction, our
inspection team will work closely with
you to ensure work is being completed
correctly and your draws are being
released in a timely manner.
Our goal is to be your fast, flexible,
and efficient partner from start to
finish.
|