Once a buyer is determined to be eligible for NeighborhoodLIFT, how quickly will the process move forward?
December 9, 2014
Once a buyer with an executed contract is determined to be eligible, a commitment letter will be issued with a copy sent to the first mortgage lender. The lender will then prepare documents for closing and provide copies of the required documents to Alamo Community Group at least seven (7) business days prior to closing. Alamo Community Group will then have all documents prepared for the closing.