
If your clients are like most people, they don’t have the money to win an expensive bidding war. We created the Flyhomes Cash Offer so buyers can close on their new home in as little as 10 days with no financing or appraisal contingencies holding them back. We back every Flyhomes Cash Offer with guaranteed funds, even if the buyer backs out, so it’s irresistible to sellers.
A Flyhomes Cash Offer consists of two simple and quickly completed transactions:
A short-term loan that acts like cash, paid to the seller in as few as 10 business days;
The short-term loan is then refinanced into your final long-term loan (this is your mortgage), which we back by a guarantee, ensuring that you close in 30 days.
This will be determined during the pre-underwriting process. That’s where you’ll learn how much home you can afford and set a budget for your search. Regardless of your credit and current financial situation, we’ll help you find the best solution for getting you into your new home.
Flyhomes Mortgage prepares your clients to make offers with 24-hour pre-underwriting service which defines their maximum loan amount, removes the need for an appraisal contingency and assures sellers that the buyer is well qualified.
When they’re ready to offer, Flyhomes Mortgage gets them set up with a Flyhomes Cash Offer. This gives your clients the ability to make a highly competitive offer, payable in as little as 10 days—and free of any financing contingencies.
Once they move in, Flyhomes Mortgage will refinance their short-term loan into a long-term loan. Flyhomes Mortgage offers a 30-day closing guarantee, one-time underwriting, and guaranteed funds. If they choose to go elsewhere for their long-term financing, they have up to three months to do so.
