Our Mortgage Assurance Approval Program

Summary

Secure Your Dream Home: James Loewen's MAAP Technique for Successful Offers. Learn how the Mortgage Assurance Approval Program (MAAP) strengthens your purchase offer with a $5,000 financing guarantee. Stand out from competing offers and increase your chances of acceptance. Get smarter, not harder, with Smarter, Not Harder.

Transcript

James Loewen:

Hey, guys. Welcome back to this edition of Smarter, Not Harder. In the last episode, we talked about the top 10 reasons in how to maintain the best and strongest pre-approval. Now that you're pre-approved, you're about to make some offers. We've got a little proprietary technique we call the MAAP to make sure that your offer is accepted above anyone else's. What is it? Our $5,000 guarantee to any seller that you'll get financing sellers are then much more apt to accept your offer over any other competing offer. I'm James Loewen. Let's get our $5,000 going. This is Smarter, Not Harder. All right, so let's get into it. What is The MAAP?

I'm going to give you some direction. Give me the map, Scott. Give me the map. Scott.

Not that kind of map, not that literal kind. Ours has got two As it stands for Mortgage Assurance Approval Program. What this means is, when you're making an offer purchase on your house, we'll actually provide for you and for your realtor a customized report that will be included on your purchase and sale agreement offer. When you're making an offer to purchase on a home, your realtor will actually print out a customized PDF that includes the seller's information, your name. It's going to be reviewing the key areas of your mortgage pre-approval, i.e., confirming your credit, and that we're not going to be disclosing any parts of your credit, just that you have a high score that stands at a top one or 2%. We're going to be going through and outlining that we've verified your employment, that you are actually employed, and we've confirmed it already.

We're also going to be confirming and reviewing that you've completed down payment verifications, so much as funds are available and you're ready to purchase. We'll also be outlining banks that we have you pre-approved for. You can imagine, if you're a seller, they've got your offer with the map and then a simple offer with the client's name and the purchase price. They've got a lot more information on yours. Yours is a lot stronger. There's been a review of income, credit, down payment, showing lenders, and what we're saying is that we guarantee your purchase will be financed. If, for some reason, the financing falls through on your offer, we give our $5,000 to that seller. They walk away. They can keep on selling their house to someone else. Now they got five grand to buy themselves something lacy and frilly. We've never had to pay it, but it's waiting to be available, and it's there to assure them.

That's the difference. You have a much stronger offer with a guarantee. The sellers are now more apt to accept your offer and turn that house into your home. That's the only group difference. We're MAAP-ing it out for you here on Smarter, Not Harder. I'm Loewen's, James Loewen. I'm looking forward to the next episode, and please, guys, any suggestions, comments, or areas that you'd like us to review, let us know, and, of course, we love a share, a comment, and a tag. Take care for now.