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Mortgage Blog

ESCROW WAIVERS

ESCROW WAIVERS ON CONVENTIONAL LOANS UP TO 95% LTV

Mile High Mortgage Brokers now allows escrow waivers (known as impound waivers in California) up to 95% LTV on most conventional loans* — and still no escrow waiver fee. We believe in giving choices to our clients so they can determine what best fits them. Waiving escrows allows you to pay their taxes and insurance on your own, with a lower monthly payment and less money brought to the closing table means more money in your pocket at closing time. Talk to us to learn more.

APPRAISAL WAIVERS

SAVE TIME AND MONEY

With appraisal waivers available through AUS (Automated Underwriting Systems), Mile High Mortgage Brokers makes it easy to experience an even greater peace of mind. You’ll not only speed up the purchase process by eliminating the need for an in-home inspection, but you’ll also save the expense of an inspection fee. Plus, appraisal waivers eliminate the possibility of a low appraisal value that could cause problems with your loan.

Virtual Closing

YOUR BORROWERS CAN CLOSE FROM ANYWHERE, ANYTIME.

You can finally have the option to close when you want, where you want, completely online: from the comfort of your living room, while celebrating at their favorite restaurant or on your boat — really anywhere with Wi-Fi access. Virtual e-closing with Mile High Mortgage Brokers allows you to close without wet-signing a single document and by verifying their ID with a notary through video chat–another competitive advantage over big banks and mega retail lenders. Virtual e-closing is available in select markets. Check with us regarding your market.

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