Table Funding with Equitable Title and Minute Mortgage
As you know, Equitable Title and Minute Mortgage are part of the HomeSmart Family of Companies. As such, Minute Mortgage will table fund all loans closed with Equitable Title Agency in Arizona. This partnership and convenience benefits both real estate agents as well as buyers. With table funding, the lender funds wire will be sent to Equitable at the time of final loan doc preparation, rather than after signing and lender review of documents, as is traditional with most other lenders.
What does table funding mean to the agent and borrower? Since Equitable Title will have the lender wire for the loan funds in hand (even before the borrower signs their loan documents), the recording piece of the settlement can take place without waiting for the lender’s wire to arrive.
This process alleviates the risk of having to delay the recording for the next day and waiting for the lender wire to arrive. Table funding with Equitable and Minute Mortgage means no more worrying about whether or not title will receive the lender wire in time for the closing to occur on the same day!
With over 100 years of experience, Equitable Title Agency’s dynamic team approach is set up to support and to deliver a better experience — our services ensure that all parties get to the closing table quickly and efficiently. Minute Mortgage uses technology and intelligent data, closing loans faster than traditional mortgage companies.
With our table funding process, Equitable Title and Minute Mortgage make quick and easy closings and expert personalized service our specialty. With unparalleled service and expertise, we’ve created a better approach to the funding process. Please let us know how we can assist you!