How To Close Your Mortgage Loan In 10 Days

Still wondering whether or not it is possible to close your mortgage loan in 10 days? Here is a simple sit-down with the people who can get it done.

Still have questions about getting your mortgage closed fast?

Contact us anytime.

Shane Hollenback: Why Academy Mortgage Closes Loans In Ten Days

Recently, we sat down with Shane Hollenback, who is the new branch manager at the new Academy Mortgage office in Mesa and asked him a few questions.

The highlights?

Question: What makes Academy Mortgage different than other lenders?

Answer: Probably the fact that we can actually get a loan done on time and quickly. We didn’t reinvent the wheel, we just do it more efficient and better. We do everything in house (everyone *says* they do everything in house) we really can go from originating a loan to the processor to the underwriter who then can take it to the closer who then sits right by our funder.

We are the only mortgage company that I know of who has that ten day close guarantee.

Ten Day Close: Search On

One of the more common questions we get about the Ten Day Close is:

Are you sure?

So go ahead — search for yourself.

Ten Day Close: How The Magic Happens

Ok, ok… I admit it.

If someone says they can do something, I usually take their word for it and just go with it.

Regardless if what they are claiming they can do seems even remotely possible to me in the world I live in.

If someone tells me that they can run a 4 minute mile?

I believe ‘em.

Even if I know there is a 50/50 chance that I could run a mile in 12 minutes myself.

And so I remember when I first heard about the becoming-more-popular-and-debated Ten Day Close at Academy Mortgage.

My exact words on the Best Damn Real Estate Blog On The Planet were:

So if you are planning on buying a home in Arizona and find yourself in this situation – who do you call?

Not me.

Call these guys.

They promise with their checkbook that they can get your loan closed in 10 days or less.

Which in my opinion is absolutely-eye-popping-remarkable for today’s lending environment. They have managed to put all of the pieces together under that are required to do this and if it were up to me, I would put them on the Today Show for being able to pull it off on a consistent basis.

But they haven’t asked me to write on their blog.

Yet.

And this was before I had even met any of them.

As the story turned out, it wasn’t all that long after my writing that post that I actually got the invite to go to Academy Mortgage and be the somewhat-official Mortgage Commentator there.

And it has been fun.

And now I can safely declare how the Ten Day Close happens on a regular basis there. It really isn’t rocket surgery, it is just the hard work and commitment to outstanding customer service… along with these facts:

  • They have in-house processing.
  • They have in-house underwriting.
  • They have in-house doc drawing.
  • They have in-house closing.
  • They have in-house funding.
  • And they have an in-house operations manager who makes sure that everything happens as it should.

And it is kind of fun to watch the high-volume of loans that go through the office to be honest with you.

I have never in my life seen a more amazing thing during all my time in the mortgage business.

And I no longer have to tell people that the best thing about my life is that “we suck less“.

So if you find yourself in that position where I was – where you can’t get your loans done and you can’t even imagine how it could be possible… don’t call me.

Call this guy:

Steve Lines

Direct: 480-344-3662
Cell:     480-329-3346

He is the one who gets to decide if your game is good enough to come along for the ride.

The Ten Day Close: Why Other Lenders Whine About It

We aren’t afraid to admit that we have set the bar pretty high.

So high, in fact that many of our peers don’t believe it is possible.

We can get your loan closed in ten days. And we guarantee it.

I remember the first time I heard about the ten day close, I fell out of my chair.

And then I picked myself up, got on the biggest and best damn real estate blog on the planet and wrote all about it — for the world to see.  After all, I was tired of my sales pitch to customers at the time being “we suck less?

An excerpt from what I said about the ten day close before I had ever talked to the guys behind it:

So if you are planning on buying a home in Arizona and find yourself in this situation – who do you call?

Not me.

Call these guys.

They promise with their checkbook that they can get your loan closed in 10 days or less.

Which in my opinion is absolutely-eye-popping-remarkable for today’s lending environment. They have managed to put all of the pieces together under that are required to do this and if it were up to me, I would put them on the Today Show for being able to pull it off on a consistent basis.

But they haven’t asked me to write on their blog.

Yet.

In a strange twist of how life works, it wasn’t long before I got an invite to join the team who can get loans closed in ten days and have become their official mortgage commentator as I wander around and do whatever it is I do.

And just to be completely fair, I am aware of *one* other shop in town who can get your loan closed in ten days… and I have one of their best loan officers (Shane Hollenback) right here on this blog!

But sometimes delivering the best service at a fair price can be lonely.

Other (really good) loan officers will take shots at you.

ten day close commentsAre you a great loan officer who is tired of your company not being able to deliver great service because they won’t do what it takes to get it done?

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