HOW DOES THE PROGRAM WORK?
7 EASY STEPS TO THE CLOSING TABLE
- Seller agrees to participate in AFF Gift Program*
- Mortgage Company faxes or completes AFF's simple online form
- AFF generates approval confirmation for lender (same day)
- Mortgage Company processes and underwrites loan
- AFF wires borrowers Gift Funds to the settlement agent prior to closing
- Closing takes place
- Settlement agent completes transaction with AFF
*The Real Estate Professional presents the one page Gift Application to the seller when listing the property.