Every week we share stories about homebuyers and homeowners who are achieving their goals with RPM as their partner. Click below to read more.
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.
We spotted our dream home on a Sunday, we're fully approved in 48 hours, and won a bidding war against 20 other buyers.
A couple looking to buy their first home before their second child arrived was referred to us on a Friday and found their dream home by Sunday. Offers were due that Wednesday, and we completed a full underwriting review before then. Using RPM Advance Approval®, our clients’ offer came out on top in a 21-buyer bidding war. Not because they offered the highest price, but because the seller thought our clients had the most reliable loan approval and their three week timeline was the fastest closing offered.
I've bought six homes in eight years, and RPM is the brains behind my operation.
After working with us to buy five rental properties in recent years, a client came to us at 3pm one Saturday with a "stretch goal" of buying a $2.3 million primary residence for his family. By 5pm that day, we provided an approval letter for his offer. We used a home equity line of credit to access funds from one of his rentals. Since he was up against all cash offers in the competitive Silicon Valley market, we had just 14 days to get it all done. When we did, the sellers said our super speed beat their expectations so much that they actually asked our buyers for a one week extension!
How do you close a 3.87 million-dollar home purchase with 15 percent down in 21 days? Use RPM's Advance Approval.
When a client asked us to finance a $3.87 million home purchase with 15% down in 21 days, his realtor was skeptical. Because assembling the client's very complex self-employed income documentation was delayed due to his busy schedule, we only had 2 days to complete his approval. When we issued our approval letter for the offer, his realtor was stunned to learn that we'd approved the borrower before even making the offer. Yes, we said, it's true. It's called Advance Approval®. We closed on time, and now that realtor as well as the seller's realtor are asking their clients to start with RPM.
RPM in one word: Amazing! Made our cross country job relocation a walk in the park.
A couple relocating from PA to CA found their perfect $1.1 million home. They had 2 big hurdles: qualify with the additional cost of their PA home because they didn't have time to sell it before the CA purchase, and qualify their incomes shifting from salary heavy to bonus and stock heavy. Since bonuses and stock rewards can change yearly, they must be averaged over 2 years and show proof of continuance to qualify. We educated them on the precise documentation we needed to qualify them, and obtained everything in time to make them CA homeowners within 14 calendar days.
RPM came through for me once again--this time on a 2 million-dollar home purchase.
A repeat client came back to RPM for help achieving three major financial goals: buy a larger primary residence, retain existing primary residence as a rental and conserve money invested by using a Home Equity Line of Credit (HELOC) for part of the down payment on the new home. This meant he had to qualify for the full carrying cost of both homes, including the increased HELOC payment. We used the actual payment on the HELOC, and allowed the rental income, enabling him to upgrade homes, become a landlord and keep most of his money invested.
I recommend RPM's services with both pleasure and confidence in their ability to find the best possible outcome.
A couple was referred to us with the goals of moving to a newer part of town with a better school district, & keeping their existing home for the wife's aging mother to move into. They were painstaking about the details and wanted to know everything: how we calculated their qualifying income, what their two-property budget would look like, tax & insurance implications. The husband began by telling us he was demanding. When we helped him meet all his goals within 30 days, he ended by telling us that our "communication, professionalism, & efficiency throughout the whole process was excellent."
Your speed and responsiveness made selling our old home and buying our new home way easier than we imagined.
In order to use funds from selling their existing home to make a down payment on a new home purchase, our clients needed to close both deals concurrently and they needed a lender who could work around the clock. The borrowers were stressed when they first came to us for their $1.575 million purchase loan because they already had a buyer in contract for the home they were selling. But we laid out the timeline and a plan for working together quickly, spoke to them every day, and both deals closed simultaneously. Now they're celebrating in their new home closer to the beach!