How to own your new home in 30 days

Tue, 30 Apr 2019

Buying your “forever home” shouldn’t take forever. That’s why we offer a 30-day Mortgage Closing Guarantee.* It puts your mortgage closing on the fast track so you can move into your home faster and start living your forever life sooner.

Get the mortgage that gets you moving

With a Webster mortgage, as soon as you complete your application and provide all required documentation, we guarantee that you’ll close on your loan and own your new home in just 30 days! If not, we’ll give you a $1,000 credit toward your closing costs.

Choose from a wide range of loan options

From variable and fixed rate loans to jumbo mortgages, we have a loan to fit every type of home buyer. A Webster Mortgage Banking Officer will help you choose the right mortgage for your financing needs. And walk you through our easy application.

Save time with our simplified, local mortgage process

Because we’re local, it’s convenient to work with us. You’ll have direct access to our team of mortgage specialists who will meet with you and walk you through every step of the mortgage process. And with local processing, you get a fast loan decision.

Whether you’re buying your first home or forever home, a Webster mortgage will help you get moving with our 30-day Mortgage Closing Guarantee. Apply online today, or call 800-325-2424.

*Webster’s 30 Day Mortgage Loan Closing Guarantee (“Mortgage Loan Closing Guarantee”), guarantees closing within 30 days of completed mortgage application submission to a Webster Bank Mortgage Banking Officer. If after receipt of your Completed Mortgage Loan Application, we do not meet the Mortgage Loan Closing Guarantee, Webster will provide you, the applicant(s) with a closing cost credit equal to $1,000.00.

A “Completed Mortgage Loan Application” is defined as an oral or written request for credit in which Webster received all “required information and documentation” to evaluate the application for the amount and type of credit requested. Required information and documentation may include (but not be limited to) a Completed Mortgage Loan Application; a fully executed offer to purchase and/or purchase and sale agreement; Satisfactory income documentation required for your selected purchase mortgage program; Asset documentation as required for your selected purchase mortgage program; Required upfront fees paid at time of application for appraisal and credit report; Signed 4506T and Borrower’s Authorization. You, the applicant(s), are responsible for providing Webster the required information and documentation to satisfy the Completed Mortgage Loan Application criteria. Any delays due to an incomplete application, delays caused by applicants should additional documentation be required after initial loan submission and/or delays related to purchase contract requirements are not covered by the Mortgage Loan Closing Guarantee. The Mortgage Loan Closing Guarantee does not cover delays caused by the applicant or third parties providing information and/or documentation on behalf of applicant(s). To be eligible for the Mortgage Loan Closing Guarantee, the Completed Mortgage Loan Application must be for a 1 to 4 family, primary residence or second home for residential properties located in CT, RI, MA and Westchester County, NY. Loan amounts over $1,000,000 are excluded.

Additional Exclusions: Mortgage loan refinances; Loans secured by Condos; Construction loans; Short Sales; Land Loans; Cooperatives; Closing delays due to non-marketable title; All FHA and state agency loans; Delays caused by borrower should additional documentation be required after initial loan submission; Product changes, counteroffers, loan type changes.

All Completed Mortgage Loans Application are subject to credit approval. Only closed and funded loans for which the Bank did not meet the Mortgage Loan Closing Guarantee qualify for the $1,000.00 closing credit. This offer may be withdrawn at any time without notice and may not be combined with any other offers. Please consult a Webster Mortgage Banking Officer for more details.

The opinions and views in this blog post are those of the authors, and are not intended to provide specific advice or recommendations for any individual. The Webster symbol is a registered trademark in the U.S. Webster Bank, N.A. Member FDIC. © 2019 All Rights Reserved. Webster Financial Corporation.
© 2019 Webster Financial Corporation. All rights reserved.

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