We have hundreds of case studies we can share. Here are just 2 samples:
Loan Case Study – Client name: Tiffany
This is an example of the speed and diligence process for FAB Associates. This is not a hypothetical scenario. Rather, this is an actual past loan completed by FAB Associates for our client.
| Loan Request made by the borrower on: | July 11 |
| Borrower wished to close the Purchase and the loan at the latest by: | July 31 |
| The Value / Purchase Price: | $650,000.00 |
| Loan Amount: | $425,000.00 |
| Up front fee charged to the day of closing: | $0.00 – NONE |
| Borrower risk of losing fees or any money for this loan: | $0.00 – NONE |
| The Disclosure sent to borrower: | July 11 (same day) |
| The Loan Docs sent to the escrow Co: | July 11 (same day) |
| The loan docs signed on: | July 12 (next morning) |
| FAB Associates ready to fund the loan on: | July 15 (within 4 days) |
| Borrower changed the closing date and wants close early (instead of July 31) on: | July 23 |
| FAB Associates funded the loan on: | July 22 |
| The loan Closed on: | July 23 |
Given our service, professionalism, and speed of process, this client has continued to come back to FAB Associates, as have many of our clients. In fact, for this client, we have done approximately 20 loans over the last two years.
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Loan Case Study – Client name: Dunn
| Loan Request made by the borrower on: | May 30 |
| Borrower wanted to close the Purchase & loan by: | Borrower was not sure |
| The Value or Purchase Price: | $1,487,500.00 |
| Loan Amount: | $943,000.00 |
| Property Type | Commercial , Industrial |
| Up front fee charged to the day of closing: | $0.00 – NONE |
| Borrower risk of losing fees or any money for this loan: | $0.00 – NONE |
| The Loan Docs sent to the escrow Co, and the Disclosures sent to the borrower: | May 31 |
| FAB ready to fund the loan on: | May 31 |
| Borrower was not sure about the buying LLC name or its manager, and did not know when to close the loan. | FAB waited for the borrower |
| Sent several complete loan docs for different borrowing LLC and its manager. The final set sent on | June 17 |
| The loan docs signed by the borrower on: | June 20 |
| Borrower finally decided the borrowing LLC name and its manager, and wanted to close the loan on a later day: | July 05 (date chosen by borrower to close the loan) |
| FAB funded the loan on: | July 03 |
| The loan Closed on: | July 05 |
Everything went right on schedule, despite many changes throughout the process made by the borrower.
Given our flexibility, service, speed, and professionalism, this borrower has been our client since 2002.