Purchase Guard™

Purchase Guard was created with the help of General Counsel for GDAR Greater Dallas Association of Realtors

The Only Program In The Industry Issuing a $1,500.00 Purchase Guard Assuring Absolute Loan Approval 

How Solid Do You Want Your Transaction To Be ?

Most Solid Transaction Attainable

The Unwavering Loan Approval

Issues a $1,500 Assurance of Approval

All But Eliminate Failed Transactions

Protect Both Buyer and Seller

Guard Precious Prime Market Time in Peak Season

click here read first hand testimonies

"The typical pre-qualification letter and pre-approval letter has been viewed as a joke by the real estate industry."

                                                            ~Benny McMahon - President/CEO Texas Association of Realtors

"Thank you for bringing your Purchase Guard certificate to my attention.  This program would certainly fill a need in our real estate industry."    "I applaud your efforts to create reliable loan commitments that all parties can trust."

                                                            ~Rich Thomas - CEO, Greater Dallas Association of Realtors, Inc.   

( click here to view Purchase Guard Terms & Conditions )   

Purchase Guard was created with the purpose of eliminating purchase transactions from falling apart because a mortgage provider failed to do their job.  In 2003, thousands of purchase transactions failed in Texas just days before the scheduled closing date.  Thousands of man hours on the part of the buyer and seller's Realtor were wasted and thousands of seller dollars were thrown away that could have been prevented. 

FACT:  In 2001 , the state of Texas amended the Texas constitution requiring ALL mortgage brokers to use and provide one of two loan approval or pre-qualification disclosures.  These two forms are clearly identified by the Texas Finance Commission and their use is mandatory by law.  Quite sadly,  many mortgage brokers in Texas are not obeying this law and state regulators are currently not effectively enforcing it.

click here  view the required Loan Approval Disclosure     click here view the required Pre-Qualification Disclosure

          ( view them by reading )

          TITLE 7 BANKING AND SECURITIES    PART 4. TEXAS SAVINGS AND LOAN DEPARTMENT                                  
          CHAPTER 80 MORTGAGE BROKER & LOAN OFFICER LICENSING

          SUBCHAPTER J FORM  §80.22 Loan Status Forms