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  • Guaranteed Rate Announces Red Arrow Approval Express; Program Delivers Full Underwrite of Credit, Income and Assets

    Guaranteed Rate, one of the largest retail mortgage lenders in the nation, today announced its no-cost Red Arrow Approval Express program which can speed up the mortgage process and help homebuyers obtain their dream home more efficiently. This program delivers a full underwrite of credit, income and assets, providing an edge over competing buyers.

    For qualified buyers and conditions, the program allows buyers to:

    • Secure credit approval before they’ve settled on a property
    • Get full underwriting approval in as little as four hours
    • Make an offer backed by an approval
    • Compete with cash buyers and enjoy greater negotiating power

    “Red Arrow Approval Express gives Guaranteed Rate customers a huge competitive advantage and can make the difference in being able to secure that first-choice dream home,” says Guaranteed Rate Chief Operating Officer Nikolaos Athanasiou. “Especially in seller markets this program minimizes the chance of losing a potential home to another qualified buyer, including all-cash offers.”

    Buyers will be prompted to submit several important borrower documents, including W-2 forms, paystubs, tax returns and bank statements. After completing Red Arrow Approval Express, buyers are equipped with a real credit approval from Guaranteed Rate and will be about ready to close upon finding a property and signing a contract. 

    Consumers can call 773-290-0505 with questions and to be directed to a loan officer to further explain the program. 

    Nov 30 2017