January 28, 2022

Loans

Its All About The Money

How To Compete with All-Cash Offers

13 min read

Nearly one in four real estate transactions today are all-cash offers. Our job at NEO Home Loans is to help you and your family compete with those cash offers.

The first way we do that is to encourage you to go through our complete pre-underwriting process. This is more than a pre-approval and it’s more than a prequalification. Pre-underwriting means we’ve actually taken your income, assets, credit, and full loan package and put it in front of the eyes of an underwriter who has reviewed it, approved it, and given it their blessing. That enables us as your mortgage lender to move from offer to close in as little as a couple of weeks.

The second way we can help you compete with cash offers is with our partnership with Revive. Revive will actually buy the home you’re interested in in all cash and then enable you to buy it back from Revive once your financing is complete.

Josh Mettle
Division President & Director of Physician Lending
NEO Home Loans

josh.mettle@neohomeloans.com
801-893-0659
NMLS# 219996
CA-DOC# 219996
Equal Housing Lender

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Physician Home Loans

NEO Home Loans is a division of Celebrity Home Loans, LLC | NMLS# 227765 | Equal Housing Lender | nmlsconsumeraccess.org

Source: Medical Professional Mortgage Advice

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