Network Funding, LP can close a deal in a short am...
Network Funding, LP can close a deal in a short amount of time. But they can't give you a clear scope of what you will be paying until the day before closing.
Network Funding was adamant about us only comparing interest rates and loan prices before we chose a company. Well, Network was offering us a 3.75 rate and AmeriSave was offering 3.85. So naturally, we chose Network. This rate was promised from the word GO but when it was time to 'lock in' that rate, it was 3.85??? They never mentioned the 3.75 wasn't a guarantee. It was on our initial paperwork, and it was on all revised paperwork. This was one of the reasons we chose them.
They finally got us 3.75 but it cost us $500 extra dollars...
They were kind and stayed on task very well! They were prompt and we were able to sign FROM OUR HOME! Overall, we feel fine with how the process went, but we will attempt to work with a small local bank next time.