Buy with confidence
Get approved
in one day!
Buy with confidence
The competitive edge you need to purchase the home you want.
So easy. So fast.
Same Day Mortgage removes the uncertainty from buying a home. Get your loan approved in one day with options as little as 3% down.
So easy. So fast.
Same Day Mortgage removes the uncertainty from buying a home. Get your loan approved in one day with options as little as 3% down.
Access & Sign
Access account from our secure portal. Electronically sign the initial application package.
Get Approved
We validate income, assets and credit and offer homebuyers an approval in one day.
Close in as few as 10 days
Once a homebuyer is approved, you could close on the home of their dreams in as little as 10 days.**
Access & Sign
Access account from our secure portal. Electronically sign the initial application package.
Get Approved
We validate income, assets and credit and offer homebuyers an approval in one day.
Close in as few as 10 days
Once a homebuyer is approved, you could close on the home of their dreams in as little as 10 days.**
Close in as few as 10 days
Once a homebuyer is approved, you could close on the home of their dreams in as little as 10 days.**
Live from Rate Field, President and CEO, Victor Ciardelli shares how Same Day Mortgage is changing the homebuying industry as we know it. Witness it here.
Click setting ⚙, Subtitles, Auto translate to select English or Spanish subtitles
Buy with confidence!
In a market that demands it, we give homebuyers the edge they need to make their dream home a reality fast.
With our incredibly fast Same Day Mortgage we’re helping people like you move as fast as cash and get their homes!
Buy with confidence!
In a market that demands it, we give homebuyers the edge they need to make their dream home a reality fast.
With our incredibly fast Same Day Mortgage we’re helping people like you move as fast as cash and get their homes!
THE BEST
Mortgage Lender 2022
THE BEST
Conventional Mortgage Lender
THE BEST
Online Loans
97%
Customer Satisfaction Rating***
THE BEST
Mortgage Lender 2022
THE BEST
Conventional Mortgage Lender
THE BEST
Online Loans
97%
Customer Satisfaction Rating***
**Rate cannot guarantee that an applicant will be approved or that a closing can occur within a specific timeframe. All dates are estimates and will vary based on all involved parties level of participation at any stage of the loan process.
***Source: Scotsman Guide 2022 Top Dollar Volume Report and Rate internal production report. 97% Customer Satisfaction: Data Source: Rate’s Client Satisfaction Surveys (Averaged 2023) .
Same Day Mortgage Terms and Conditions
Rate, Inc. (“Lender”) is offering qualified customers who complete an application for a Mortgage Loan and successfully provide the Required Documents (as defined below) within 24 hours of locking a rate (the “Required Tasks Completion Period”) for their mortgage loan (the “Mortgage Loan”), the eligibility to receive a loan approval on their Mortgage Loan within 1 business day (the “Offer”). For purposes of this offer, documents provided after 1 pm local time or on a weekend or company holiday will be deemed submitted the next business day.
The Offer.
a. To be eligible for the Offer, qualified customers are required to upload all documents requested by Lender to Lender’s online portal (known as “MyAccount”) within the Required Tasks Completion Period. These documents include, but are not limited, to the following:
i. Pay stubs;
ii. W2s;
iii. bank statements (including any applicable investment and retirement statements);
iv. A copy of a complete purchase agreement for the subject property of their Mortgage Loan; and
v. If applicable, proof of disability awards, social security income, retirement earnings, or pension income statements (collectively, the “Required Documents”).
The Required Documents may differ based on a qualified customer’s financial condition and all applicable Mortgage Loan requirements (including applicable credit and underwriting guidelines). Customers must provide all Required Documents within the Required Tasks Completion Period to be eligible for the Offer. In cases of multiple applicants for the same Mortgage Loan, all applicants must submit the Required Documents within the Required Tasks Completion Period to be eligible for the Offer. The Offer is non-transferable.
b. In addition, to be eligible for the Offer, qualified customers must:
i. Be a U.S. citizen, permanent resident or non-permanent resident (certain visa categories only) purchasing or refinancing a primary residence located in a state where Lender is licensed to originate mortgage loans;
ii. Be a W-2 employee or an individual on fixed income (e.g., pension, social security, or disability income); iii. Not be a fee simple owner or be in the process of becoming a fee simple owner of any additional real property (i.e., must not have, or be in the process of obtaining, all of the rights of ownership, including the right to possess, sell, lease, and enjoy the land) in any state, other than the contemplated subject property associated with their Mortgage Loan; provided, however, a fee simple owner of solely a primary residence in which the owner is currently in the process of selling such primary residence shall be eligible for the Offer;
iv. Meet the requirements to lock a rate;
vi. Provide proof of any required down payment funds.
c. The Offer is limited to conventional or conforming mortgage loans to be used for the purchase or refinance of a primary residence for single family and planned unit development (PUD) properties.
d. This offer is not available in the states of KY, WV, NY Co-Op/CEMA, and on refinances in TX.
e. The use of self-employment income to meet the debt-to-income (“DTI”) requirements of a Mortgage Loan will render a customer ineligible for the Offer.
f. Lender does not guarantee that by qualifying to become eligible for the Offer that a customer will receive a loan approval. Upon qualifying for the Offer, Lender will use commercially reasonable efforts consistent with mortgage industry practices to provide a customer with a loan approval within 1 business day of customer providing the Required Documents within the Required Tasks Completion Period. In addition, Lender does not guarantee that all customers who provide the Required Documents within the Required Tasks Completion period will ultimately be approved for a loan. Eligibility will be based on the customer’s satisfaction of all applicable credit and underwriting guidelines. Additional information and documentation may be required depending on the circumstances. In addition, the issuance of a loan approval does not mean that the customer will receive a loan on the date the approval is issued. Loan approval may be conditional. Customer must satisfy all conditions to approval within the time specified and successfully complete the closing process. Changes to a customer’s financial condition, employment or credit history may nullify the loan approval.
The Offer is subject to all applicable state laws.
Lender is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age (provided you have the capacity to enter into a binding contract), because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. The federal agency that administers our compliance with these federal laws is the Federal Trade Commission, Equal Credit Opportunity, Washington, DC, 20580.
The Offer only applies to customers who apply for a Mortgage Loan after the effective date of this Offer, which is the date these Terms and Conditions are published on the Lender’s website. The Offer is not intended to apply retroactively to existing loan applications.
LENDER RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS, PROMOTIONS AND BENEFITS AT ANY TIME WITHOUT NOTICE. Rates and Terms are subject to change at any time without notice and are subject to state restrictions.
Accessibility | Licensing | Notice to Vendors | Privacy Policies | SMS Terms | Terms of Use | DNC | NMLS Consumer Access
Delaware Licensed Loan Officers | Texas Consumers: How to file a complaint | Do Not Sell or Share My Personal Information and/or Limit the Use of My Sensitive Personal Information
Please note that applications, legal disclosures, documents or other material related to Rate products or services promoted on this page are offered in English only. The Spanish translation of this page is for the convenience of our clients; however, not all pages are translated. If there is a discrepancy between the content of the translated page and the content of the same page in English, the English version will prevail.
Guaranteed Rate, Inc. d/b/a/ Rate may choose to recommend Rate Insurance, LLC. Guaranteed Rate, Inc. d/b/a/ Rate has 100% ownership and a direct or indirect financial interest in Rate Insurance, LLC. You are not required to use Rate Insurance, LLC.
Copyright © 2024 Guaranteed Rate, Inc. D/B/A Rate. All rights reserved.
NMLS License #2611 - For licensing information, go to: www.nmlsconsumeraccess.org.
Arizona Mortgage Banker License #0907078
3940 N. Ravenswood Chicago, IL 60613
Operating as Guaranteed Rate, Inc. in New York.
The company name, Guaranteed Rate, should not suggest to a consumer that Guaranteed Rate provides an interest rate guaranteed prior to an interest lock.
El contenido de la (s) siguiente (s) página (s) solo está disponible en inglés. Si decide comprar algún producto a través de rate.com, tome en cuenta que las solicitudes, divulgaciones legales, documentos u otro material relacionado con los productos o servicios de Guaranteed Rate promocionados en esta página son ofrecidos solamente en inglés.
Seguir×