Rent Vs. Own Calculator

If you’re choosing between renting and owning, it’s important to look past the monthly payment. Renting Is Sometimes (Not Always) Cheaper By The Month. Over Time, Though, The Benefits Of Owning Typically Make A Purchase A Much Better Deal. Use… Read More

Real Estate Appreciation Data

Home value appreciation rates over different time periods Use this quick interactive map that demonstrates home value appreciation rates over different time periods and in different areas. You can even drill down to local information by entering an address or… Read More

Can you solve the case of Unintended Consequences?

Can you solve the case of Unintended Consequences? What effect might the scenario in the video have on Mary’s credit score? Mary’s Credit Score Will Go Up Incorrect Mary’s Credit Score Will Go Down Correct! Mary was trying to do… Read More

If you order an appraisal, do you still need a home inspection?

If you order an appraisal, do you still need a home inspection? Based On The Video Above, What Should Ryan and Jessica Do? Rely on the appraiser’s report & cancel the inspection Incorrect Go ahead with the inspection Correct! Ryan… Read More

Can You Spot The Homebuyer’s Mistake?

Can You Spot The Homebuyer’s Mistake? What will happen to Tom’s credit score? His Credit Score Will Go Up Incorrect His Credit Score Will Go Down Correct! Tom was smart to transfer the higher credit card balance to one with… Read More

The Case Of The Unusable Down Payment

The Case Of The Unusable Down Payment Which source of funds is most likely to cause a problem as they prepare to finance their home? The Money From Sam’s Boat Sale. Incorrect The cash in the cookie jar. Correct! Unfortunately… Read More

Should They Play The Waiting Game?

Should They Play The Waiting Game? Which of the following statements is true? They made the right decision and saved money long term. Incorrect They basically broke even financially over the long term Incorrect. Those 90 days cost them thousands… Read More

What Factors May Affect My Rate

Gameshow: Mortgage Do or Don’t? When it comes to securing your mortgage, do you know which actions to take and which to avoid? Try our quick online game to find out! Next Step Get Pre-Approved Getting pre-approved is the first… Read More

Gameshow: Mortgage Do or Don’t

Planning Ahead For The Perfect Mortgage Application

Planning Ahead For The Perfect Mortgage Application Who says getting a mortgage can’t be fun? Try our quick game, and you may pick up some tips for making your mortgage process easier! Next Step Get Pre-Approved Getting pre-approved is the first step in… Read More

Poli Mortgage Group is a Division of radius financial group inc. Corporate NMLS #1846. radius financial group inc. is an Equal Housing Lender. Poli Mortgage Group is licensed in CT, DC, FL, ME, MD, MA, NH, PA and RI. For more licensing information please visit: https://polimortgage.com/licenses/ or by visiting www.nmlsconsumeraccess.org. Some products and services may not be available in all states. Credit and collateral are subject to approval. Terms and conditions apply. Programs rates, terms and conditions are subject to change and are subject to borrower qualification. This is not a commitment to lend. The content in this website has not been approved, reviewed, sponsored or endorsed by any department or government agency.

* This radius Pre-Approval/Credit Commitment Promise Contract ("Promise") is made and entered into, as of the date of the last signature below, by and between radius financial group inc. ("radius" or "Lender"), and the below-named Buyer and Seller. In consideration of Seller's reliance on this Promise in entering into a real estate purchase transaction with Buyer, the Parties agree as follows:

PROMISE TO SELLER. In the event that a Seller is induced to accept an offer from, and enter into a purchase and sale agreement with, a radius borrower on account of this Promise in connection either with (a) a radius Pre-Approval or (b) a radius Credit Commitment and the Buyer is unable to close on such Eligible Transaction due to a mistake made by radius (with accurate and up-to-date information) on such Pre-Approval/Credit Commitment (a "Bad Pre-Approval"), then radius shall pay Seller ten thousand dollars ($10,000), subject to the terms and conditions herein as Seller's sole remedy.

PROMISE TO BUYER. In the event that radius issues a Bad Pre-Approval to Buyer on an Eligible Transaction, radius will reimburse Buyer reliance expenses up to one thousand dollars ($1,000) for a home inspection, appraisal, or legal expenses actually paid out-of-pocket by Buyer, subject to the terms and conditions herein. This payment shall be Buyer's sole remedy.

ELIGIBLE TRANSACTION. For purposes of this Promise, an "Eligible Transaction" is a purchase money mortgage transaction for a primary residence (made on or after April 1, 2018) (not made to a radius employee or immediate family member), provided that the loan is a Conventional, USDA, VA, or FHA loan product for either (i) an existing home resale or (ii) a newly constructed home that is to be delivered and closed within ninety (90) days of the P&S.

CONDITIONS. The applicable radius Pre-Approval must not have expired prior to the date of the P&S. Offers/P&Ss cancelled due to home inspection issues or title defects are not covered under this Promise, and this Promise is void if a Bad PreApproval is the result of: (i) a change in Buyer's financial position, (ii) property specific requirements or expenses (e.g. homeowner's association dues/fees, flood insurance, or property taxes), or (iii) loan product availability or underwriting requirements, or third-party actions outside of radius' control.

FUNDS DISBURSEMENT. Any funds due and payable under this Promise will be paid if requested by Buyer or Seller in writing within 90 days of the date of an applicable Adverse Action Notice and accompanied by a fully-executed copy of this Promise. Any payments made under this Promise will be reported to the Internal Revenue Service by radius on a Form 1099-MISC or as otherwise required by then-applicable law. Please consult your tax advisor for any tax implications.