Every week we share stories about homebuyers and homeowners who are achieving their goals with RPM as their partner. Click below to read more.
We've purchased multiple properties, and dealing with RPM was the best experience we've ever had.
After getting pre-approved by an online lender and finding a property, experienced home buying clients felt blindsided by constant and unnecessary requests for additional documentation. Already halfway through their 30 day escrow period, their realtor referred them to us knowing the extreme pressure of changing lenders so deep into a transaction: two other transactions for the seller were relying on an on-time closing. We took over and closed their $1.1m purchase in just 15 business days, in time for the seller to receive proceeds to close their other contingent properties.
We've started with RPM Thursday night, submitted our pre-approved 21-day-close offer Friday morning, and won a bidding war!
Clients only had 15 hours to get their offer submitted and their realtor asked us for help strengthening their offer. We advised them and gathered their financial profile at 9 am on a Friday, pre-approved them within an hour, enabling them to submit their offer by the seller's 11 am deadline. We followed their offer by calling the listing agent to assure them we could release financing contingencies in 7 days and close in 21 days. Their offer was accepted, and they moved in to their first home right on schedule, no surprises.
In a market where 50-day closings are the norm, RPM blew us away with a 25-day close.
When a client found the perfect home, their realtor told them to anticipate a 50 day close due to a shortage of appraisers in the region. We explained that our appraisal affiliate uses experienced local appraisers across hundreds of markets, allowing us to shorten appraisal contingencies and closings. The clients revised their offer to a 25 day close, helping them win over the listing agent and get accepted by the sellers. We received the appraisal back in just 1 week, 4 times faster than the area average- and the clients settled in a month early!
After our short sale, we thought we'd have to wait years to buy again, but RPM helped us purchase again just 60 days later.
After a 4 year battle with his mortgage lender over miscalculated payments, a client was left with no choice but to stop fighting and short sell his property. Five days before the final short sale, he found a new home and his realtor referred him to us. While many lenders require that years have passed, he had kept mortgage payments current so we were able to pre-approve him just 1 day after his short sale. We got it all done in 60 days, and his Thank You card is why we do what we do: "To the RPM miracle worker, I am eternally grateful for all of your help."
RPM's Advance Approval helped us beat cash buyers when buying our home with lots of land.
A couple searching for a home with land for a few months soon realized that all-cash buyers were stiff competition due to the complexities of extra land. So they asked RPM for our Advance Approval® where we approve them up front, enabling them to behave like a cash buyer. They fell in love with a half-acre property for $835,000 that needed work, was in a flood zone, and the appraisal came in low. But because our clients were approved up front, they had a stronger position to negotiate and solve these issues with the seller and still close on time.
We needed a great rate to afford our 1 million-dollar home and a 14-day close to win the deal. RPM nailed both.
After first time buyers had been home shopping for six months in the ultra-competitive Seattle housing market, they learned that speed matters as much as rate. Their financial advisor originally sent them to their existing bankers "for convenience" but they soon realized that their banker couldn't perform at the speed Seattle sellers demand. We stepped in and closed their $1 million home purchase with an $810,000 loan in just 14 days- which included approval of a property with non-conforming zoning, giving the clients a storybook ending to their half-year home search.
RPM never gave up on us as we scraped every penny to buy the home we rented and loved.
A couple had the opportunity to buy the home they rented for years, but funds were tight and debt was high. They were under extreme stress due to the husband's health issues and possibly having to uproot their small children from their beloved neighborhood. The purchase option in their lease agreement was their only opportunity to own a home in a market that had appreciated beyond their means. We approved them using one of our down payment assistance programs. They summed up our mission by saying: "we felt RPM was personally and professionally dedicated to our success."
RPM fixed my credit reporting errors and increased my score by nearly 100 points.
A couple in Colorado couldn't bear another rough winter and decided to relocate to Santa Barbara to be closer to sun and family. When starting their loan approval, we noticed that late payments on a credit card they'd paid off months ago were crushing their credit score, so we began the credit repair process of disputing the late charges. Within just 12 days, our credit repair work increased their credit score 100 points, drastically lowering the rate and down payment on their $1.4m loan. We closed just 12 days after completing credit repair, and our buyers are now warm in Santa Barbara!
We were wowed. RPM jumped through hoops to close our VA 3 percent down home purchase in 26 days!
A U.S. military veteran client finally got his home offer accepted after a few tries on other homes. We completed loan approval subject only to receipt of an acceptable appraisal, and when the appraisal came back on day 24 of our 26 day escrow, we approved appraisal, released loan docs, signed client, and funded loan within one day. Early on, the realtors expressed skepticism about the loan process to the client until they both saw our expertise in VA loan nuance- then we all got to celebrate client's on-time, no surprise closing together.
Within two business days of working with RPM, I had my home appraisal and loan approval in hand.
A client thought it would be easy to get pre-approved with his bank, but 10 days into contract on his purchase of a vacation home, his bank said they couldn't close his loan due to a credit report oversight. In a panic on a Friday before his Tuesday loan and appraisal contingency deadlines, he asked RPM to save the deal. We packaged his file same day, completed his appraisal inspection over the weekend, and delivered loan approval and completed appraisal on Tuesday- right on time to confidently release his contingencies and get him all set to settle into his new home away from home.
Best Lender Ever. Closed in 14 days, explained everything well, and so efficient.
A realtor who loved how we handled her recent buyers asked us to help her refi out of her adjustable mortgage before her payment spiked, while simultaneously helping her buy a new home. We showed her all the calculations and requirements to qualify for both loans by renting her existing home. Doing so helped her qualify for a higher price on her new purchase, and we also educated her to get a renter in place before offering on a new home, thus enabling us to close in just 14 days when she finally found the home she wanted.
After our credit union said our loan was too complicated, RPM came to our rescue and closed 15 days early!
Clients buying a 3-acre lot with a guest unit, barn, former preschool, and several septic tanks and wells asked us to take over their deal when another lender stumbled. We recommended an FHA loan to maximize their debt-to-income ratio, educated realtors on property complexities, and made sure the property was appraised to correct local zoning as well as FHA regulations. Despite taking over mid-transaction, we closed 15 days early and the clients are now enjoying their new estate.