Press Room - Poli Mortgage Group

Poli Mortgage Group, Inc. Launches New Website Delivering a Unique “Shopper Experience”
Posted on February 24, 2014

(Norwood, MA) February 7th, 2014 — Poli Mortgage Group announces the launch of their new website, built specifically to provide a more user friendly and unique shopping experience for consumers. The key function being the addition of a rate quoting… Read More

Poli Mortgage Group Develops Mobile App
Posted on September 23, 2013

Poli Mortgage Group announces the launch of The Poli Mortgage Mobile App. This app has been specifically developed to improve communications, productivity and efficiencies for borrowers, their Realtor and other transactional partners. In addition, the new App has been designed… Read More

Poli Mortgage Ranked As One of the Nation’s Top Mortgage Lenders
Posted on June 4, 2013

Norwood, MA – June 4, 2013 — Poli Mortgage is proud to be named a Scotsman Guide 2012 Top Mortgage Lender. Poli Mortgage was ranked #44 in Top Overall Volume. Scotsman Guide, the leading resource for mortgage originators, released its… Read More

Poli Mortgage to Open New Branch in Pittsburgh, PA
Posted on November 9, 2012

Pittsburgh,PA – Poli Mortgage is excited to announce the grand opening of their new branch located at 1840 Mayview Road, Suite 100, Pittsburgh, PA, NMLS # 987484. Conveniently located in the South Hills of Pittsburgh, Poli Mortgage is proud to… Read More

Poli Celebrates Growth
Posted on December 20, 2012

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Poli Mortgage Continues its Expansion
Posted on May 20, 2011

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Raleigh North Carolina – Poli Mortgage Expansion
Posted on April 8, 2011

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Glen Allen, Virginia – New Poli Mortgage Branch
Posted on March 28, 2011

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Poli Mortgage Invests on Behalf of Employees & Consumers
Posted on February 1, 2011

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Poli Mortgage Group, Inc. Poised for Additional Expansion
Posted on November 16, 2010

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Poli Mortgage Group, Inc. Continues its Expansion with a new Branch Opening in Decatur, Georgia
Posted on November 8, 2010

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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.