System and method for guaranteeing a financial loan
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United States of America Patent
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-
Aug 31, 2010
Grant Date -
Jun 29, 2006
app pub date -
Mar 29, 2006
filing date -
May 18, 2005
priority date (Note) -
In Force
status (Latency Note)
Importance
Abstract
If a loan applicant verifies in a timely manner the information they provided at the time of their application and they maintain that information until their closing, then a mortgage broker or mortgage banker will guarantee to deliver the exact mortgage terms contained in the customer's mortgage pre-approval or pay the loan applicant an amount.
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