Dream Home Lending + Ribbon
Dream Home Lending has partnered with Ribbon to give our builders, real estate agents, and customers an advantage in this competitive market.
When financing a mortgage through Dream Home Lending, borrowers can have the power of cash behind them. Cash offers are three times more likely to be accepted, giving borrowers an edge over other homebuyers. When mortgages are financed using Dream Home Lending’s partnership with Ribbon, they are guaranteed to close on time once the inspection period ends.
Ribbon offers two programs that provide borrowers with a distinct advantage when making an offer:
Ribbon Boost – With the Ribbon Boost program, buyers can put in an offer with an all-cash contingency. Once accepted by the seller, deposits will be paid by the buyer, and a home inspection will be ordered. Next, once the home is under contract, the buyer will work with Dream Home Lending to secure financing. Finally, the buyer closes on their home! At this stage, Ribbon’s fee of 1% is paid by the buyer or seller depending on the terms of the transaction.
Ribbon Reserve – If the buyer is unable to obtain financing with Dream Home Lending, Ribbon will acquire the property on behalf of the buyer with an all-cash purchase. Ribbon will then charge the buyer prorated rent and, when the buyer is ready, Ribbon will sell the home back to the buyer.
Are you interested in learning more about this program? Contact Dream Home Lending today!
*Certain restrictions apply. Please contact Dream Home Lending for further information.
ABOUT DREAM HOME LENDING
The Dream Home Lending team is as committed to your dreams of the future as you are. We will work diligently to find you the best rates and loan programs to fit your needs and financial goals for the future.
LOCATION
2425 N. Central Expressway
Ste 359
Richardson, TX 75084
Branch NMLS# 2294442
Licensed in TX, KS, MO
Canopy Mortgage, LLC | 360 Technology Court, Suite 200 Lindon, UT 84042 | Tel: 877-426-5500 | NMLS Consumer Access #1359687
For informational purposes only. No guarantee of accuracy is expressed or implied. Programs shown may not include all options or pricing structures. Rates, terms, programs and underwriting policies subject to change without notice. This is not an offer to extend credit or a commitment to lend. All loans subject to credit , property, and underwriting approval. Equal Housing Opportunity. Licensed by the Dept. of Business Oversight under the CRMLA.
Texas Licensing Statement: Consumers wishing to file a complaint against a banker or a residential mortgage loan originator should complete and send a complaint form to the Texas department of savings and mortgage lending, 2601 North Lamar, suite 201, Austin, Texas 78705. Complaint forms and instructions may be obtained from the department’s website at www.sml.texas.gov. A toll-free consumer hotline is available at 1-877-276-5550. The department maintains a recovery fund to make payments of certain actual out of pocket damages sustained by borrowers caused by acts of licensed residential mortgage loan originators. A written application for reimbursement from the recovery fund must be filed with and investigated by the department prior to the payment of a claim. For more information about the recovery fund, please consult the department’s website at www.sml.texas.gov.
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