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Free-of-charge service gives home-owners a competitive edge over the conventional fees associated with obtaining a new mortgage, which include fees collected by creditors. FP funding only estimates a fee for the purchase of the interest rates and potentially saves home purchasers tens of thousands as well. Straight Mortgage Bank also provides a $1,000 new borrower warranty.
Beneath this offering, if a borrower receives a valid bid from another mortgage provider that is lower than what RP funding has to provide, that borrower may get $1,000 if the bid cannot be adjusted. The RP fund will pay the $1,000 to eligible borrower when they complete the competitor's credit. Compare mortgage deals for free on LendingTree.com!
Check out offers from several mortgage banks for free! Borrower using a Home Finance Program (HARP), Freddie Mac RELIEF or HomePath loans are not entitled to the $1,000 guarante. In addition, RP Funding does not provide a guaranty for variable interest mortgage loans. Any applicant on a new mortgage request must be qualified on the basis of their creditworthiness and scores, checkable earnings and debt-to-income ratio.
The interest on mortgage loans provided through RP funding varies depending on these elements. The RP Funding group is a mortgage lending business directly located in Florida. It is not a mortgage brokers, but draws, concludes and finances every mortgage inhouse. It is licensed to help home-owners with FHA loans, as well as traditional option with firm and variable interest loans for borrower.
As a large borrower, the firm provides comparatively lower interest to the most highly skilled borrower. Potential or actual home owners interested in RP Funding's free or $1,000 warranty can collect further information or make an enquiry by going to an RP fund center (located in Jacksonville, Orlando and Lakeland, Florida), by phoning 1-855-218-0765, or by going on-line to the mortgage provider.