On-Time Closing Guarantee Terms & Conditions
1. Overview of Guarantee
FixAndFlipLoanFlorida.com (“we,” “our,” or “us”) offers an On-Time Closing Guarantee Terms for select loan programs. This guarantee is designed to provide borrowers with confidence that their approved loan will close on or before the contract closing date, provided certain conditions are met.
2. Eligibility Criteria
To qualify for the On-Time Closing Guarantee, the borrower must:
– Submit a complete application package with all required documents
– Use an approved title company or closing agent
– Be available for timely communication and signature requests
– Provide full and accurate property information
– Satisfy all underwriting conditions within the stated timeline
3. What the Guarantee Covers
If the loan does not close on or before the agreed-upon closing date due to a delay caused solely by us, you may be eligible for reimbursement of certain documented expenses up to a specified cap, as outlined in the loan agreement.
4. What the Guarantee Does Not Cover
The guarantee does not apply if delays are caused by:
– Incomplete or inaccurate borrower documentation
– Third-party service provider delays (e.g., appraisal, title, escrow)
– Acts of God, natural disasters, or force majeure
– Changes in borrower financial status or creditworthiness
– Borrower-requested changes or rescheduling
5. Claims Process
To file a claim, the borrower must notify us in writing within 5 business days of the missed closing date. Documentation of incurred expenses and proof of eligibility must be submitted to:
📧 Email: claims@fixandfliploanflorida.com
6. Maximum Reimbursement
Eligible reimbursements under this Guarantee are limited to documented out-of-pocket expenses directly related to the delay, with a maximum cap of $1,000 unless otherwise specified in the loan agreement.
7. Modification and Termination
We reserve the right to modify, suspend, or terminate the On-Time Closing Guarantee at any time without prior notice. Changes will not affect guarantees already issued for in-process loans.
8. Contact Information
For questions about this Guarantee, contact:
📧 Email: support@fixandfliploanflorida.com
📬 Mailing Address:1001 Brickell Ave. Suite 715. Miami, FL 33131
📞 Phone: (800) 664-7505