Total Mortgage Services Announces 30 Day Guarantee to Close Purchase Mortgage Loans

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Total Mortgage will close purchase loans in 30 days or pay a borrower’s first month’s mortgage payment.

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Total Mortgage Services, LLC, a leading national mortgage lender, announced today it launched its guaranteed purchase loans program. The program will guarantee a borrower that their purchase mortgage loan will close in 30 days or the Company will pay the first month’s mortgage payment. The guarantee is for all borrowers that formally apply for a loan and are preapproved by Total Mortgage*.

“Industry data confirms it currently takes many lenders more than 45 days to close a purchase loan. This is unacceptable - especially as we transition from a buyer’s to seller’s housing market and turn times become more critical for homebuyers and realtors,” commented John Walsh, President of Total Mortgage. “Our Total Guarantee 30 program will close real estate purchase transactions faster and build trust throughout the lending process with borrowers and our referral partners.”

“We understand the importance of closing a loan quickly while maintaining a strict attention to detail,” Walsh continued. “There’s nothing more frustrating for the buyer, the seller, and the lender than a missed closing date. It costs everyone money and time, and in some instances can cause a sale to fall apart. With our program, our customers will no longer have to worry about the possibility of a missed closing date.”

“At Total Mortgage, we are committed to providing our customers with the exceptional service that they deserve. We’ve leveraged state of the art technology and our superior back end operations to make purchasing a home as quick and easy as possible.”

*Terms and conditions apply. To see the complete set of terms and conditions, please visit http://www.totalmortgage.com/30-day-guarantee/.

About Total Mortgage Services, LLC

Total Mortgage Services, LLC is an industry-leading direct-to consumer and wholesale mortgage lender. The company was founded in 1997, and has been included in the Inc. Magazines' list of America's Fastest Growing companies for the past four years, and holds a Better Business Bureau “A+” ranking since 1997. Licensed in 30 states and the District of Columbia, Total Mortgage offers a wide array of mortgage loans. In 2010, Total Mortgage launched its wholesale lending platform, TMS Funding. Visit TotalMortgage.com for fixed mortgage rates, FHA mortgage rates, jumbo mortgage rates, ARM rates as well as other mortgage rates.

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John Lovallo, LEVICK please call 917-612-8419 or email jlovallo(at)levick(dot)com

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