It’s finally here – the day you close on your new home! But wait, there’s a snag and your closing date gets pushed back a few days, a week or even longer. At DuPage Credit Union, we understand how frustrating it can be. Our Mortgage Care-N-Tee is our promise to you that we intend to meet your original closing date.
It’s simple, you’ll receive a $500 credit if we don’t meet your original closing date on a purchase of a home.¹ It’s our Care-N-Tee to you!
To Qualify for the Mortgage Care-N-Tee:
- Mortgage Loan must be for a home purchase, not a refinance.
- The closing date is set for a minimum of 30 days after the original purchase contract is signed and received.
- And required supporting documents are provided no more than two (2) business days after the application receipt or request from the Credit Union.
- All third-party requirements are completed and provided back to the Credit Union within 10 business days before closing.
1$500 Mortgage Care-N-Tee is based on the mortgage loan closing date provided in the original sales contract. This guarantee is only available on conventional purchase mortgage loans in the state of Illinois with closing dates set for a minimum of 30 days after the original purchase contract is signed and received by the Credit Union. Loan closing date is subject to receipt of completed application and required supporting documentation. Required supporting documentation must be provided no more than two (2) business days after application receipt or request from the Credit Union. Loan closing is subject to underwriting approval. Closing guarantee is not applicable if: a. borrower changes loan products or terms, b. closing is delayed due to seller's failure to close on time, c. borrower fails to meet contract requirements, d. closing is delayed due to a third party requirement, including appraisal and inspection or title, e. there is a change in terms of the purchase contract, f. closing date is not included in the contract, g. closing is delayed due to inclement weather or natural disaster, h. borrower's financial circumstances has changed during the contract period, or i. loan documentation or application contains fraudulent information. DuPage Credit Union reserves the right to amend, terminate or withdraw this offer at any time without prior notice. Care-N-Tee paid in the form of a $500 credit on the Closing Disclosure at closing.