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?
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.
[...] remember back to the first time I heard that a mortgage company in town had something called the Ten Day Close – where they guaranteed they could close a loan in ten [...]