Approval Requirements

It is sometimes difficult to adjust to the idea that an applicant will be approved regardless of credit score or income and job status verification. This is especially true today given the fact of what’s happened lately with the subprime and bad credit mortgage market. But, keep in mind, our Residential Property Acquisition Program is not a mortgage and money is not being borrowed.

We do not evaluate the applicant beyond personal character references. Instead, the property and appraised value are the central focus. As long as minimal requirements are met, the application will usually be approved:

• Required cash consideration available. Usually just 15%.

• Normal property structure not remotely located.

• 3 character references.

• Stated income indicating that the applicant can afford reasonable monthly trust payments.

• HT Powerbrokers, Inc. analysis fee submitted with application.

For each application resulting in an "approval," an approval certificate will be provided. Our approvals expire one (1) year from the date they are issued.

If a property on a pending application is withdrawn for any reason, a new property may be submitted as a replacement during the approval period of one year. In this case a new analysis fee is not required.

Residential investment properties are compatible with our Home Acquisition Program, but may at the discretion of your assigned investor, require a greater level of consideration payment.

"With our Residential Property Acquisition Program, you'll never have to look for a bad credit mortgage again!"