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ROGELIO PAEZ l REALTOR®
Rogelio Paez
(915) 490-9210
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ROGELIO PAEZ l REALTOR®
inception-app-prod/MGYzODNjM2QtYjg1Zi00ZTBkLTlhOWYtZWUyYzVkZjVmMDc1/content/2022/05/1e3ca62f6b1a4009d184ca869e7713dc8ee3ae38.png
ROGELIO PAEZ l REALTOR®

Make a Cash Offer

WINNING A BIDDING WAR WITH A CASH OFFER

In a study of sales from 2020 - 2021, it was found that a cash offer quadrupled a homebuyer's chance of winning a bidding war. Even when they offered less money and they closed faster. The BUYER ACCEPTED PROGRAM (BAP) offered through New American Funding is designed to help home buyers buy with CASH.

How it Works:

  1. Get pre-approved by New American Funding and establish budget for you home search. 
  2. Contact your Real Estate Agent and find your dream home. 
  3. The Buyer Accepted Program will make a CASH offer to purchase your dream home. 
  4. Move into your new home as soon as 7 days. 
  5. Close your current mortgage and buy back your hew home from BAP

Loan Program Requirements

  • Conventional: Minimum credit score of 620 with a down payment as low as 3%. 
  • Jumbo: Maximum $2M loan amount. Minimum credit score of 680 and a down payment as low as 20%. 
  • VA Loans: Minimum credit score of 620 with a down payment as low as 0%. 

BAP Certified 

I have received the certification training on the Buyer Accepted Program with the help of a loan officer from New American Funding we can get you pre-approved and ready to make a CASH offer on your next house.  Call me and together we can meet with New America Funding to start the process.