Loanisland Announces Mortgage Home Loans that Close in 7 Days

May 11, 2007 (PRLEAP.COM) Business News
San Clemente, CA – May 2007 - Loanisland a direct mortgage lender launched their new site this week, with a special offering called CriticalClose© their Lending 911 program to celebrate their new launch.

On-time closing may be crucial to achieving a successful real estate transaction. In many cases, things can go wrong when people are purchasing a home. Lenders may bait and switch programs or rates change, mostly at about a week or so before closing their loan. A realtor or consumer who experiences this problem has the option of going to Loanisland to help fix the problem with the Lending 911 Program.

It is not just about closing the loan in 7 days; it is about closing the loan on-time, per the purchase contract. Loanisland offers CriticalClose©, the loan is guaranteed to close in 7 days otherwise Loanisland will pay a self imposed penalty to the realtor and the buyer. Loanisland will close the loan on the date specified guaranteed or impose the self penalty of $200 per day, $100 per day for both the buyer and seller. The real estate agent is guaranteed to never lose a commission, because once they receive Loanisland’s approval letter and sell their client a home, if the loan doesn't close due to Loanisland, they will pay the commission. As a direct lender they are able to provide extremely aggressive rates for the homebuyer. A client will receive the best terms available in the marketplace.

Loanisland has built a very strong reputation as an outstanding mortgage lender in California servicing states CA, AZ, CO, OR, WA, NM, UT, ID, CT, NY and FL.. They are very excited about their new site launch with the special 7 Day Close - Loan 911 Lending program. Loanisland also offers help on loans for refinance, home equity, debt consolidation, new home purchase and much more.


Loanisland has a new location in San Clemente, CA… For more information call 1-800-960-3884 or visit their website http://www.Loanisland.com