PYT For Buyers

Protect Your Transaction SM

How PYTSM  Benefits Buyers

This is going to be an industry changer!

Protect Your Transaction provides all parties to a real estate transaction with peace of mind that the Lender will deliver on its commitment to close on time. Take a moment to learn more about PYTSM in this article, and then ask the obvious question: “Why would I use a lender that doesn’t provide a PYTSM Commitment?”

Certified PYTSM Lenders commit to the following: * Lender will issue a loan commitment on or before 15 days from receiving a complete mortgage application (for eligible, approved applications) evidencing Lender’s commitment to close on time * Lender will pay up to $10,000 in the event a transaction is cancelled by Seller due to Lender’s failure to fulfill the terms of the loan commitment.

Why PYTSM Was Created:   When real estate is bought and sold, both the Buyers and Sellers rely on a Lender Pre-Approval before committing to open escrow. The Buyers incurs certain up-front expenses (including inspection, appraisal, and HOA certification fees). These expenses may exceed $1000 in total. The Sellers will also incur out of pocket expenses, as they are already making plans to buy their new home once their existing home sells. Additionally, the Real Estate Agents on both sides of the transaction continue to expend significant effort, providing their professional advice and ensuring that their respective clients’ interests are protected throughout the transaction. Essentially, all parties need to have confidence that this sale will indeed happen. Prior to the inception of PYTSM, if the Lender failed to fulfill its offer to lend, the lender was not financially responsible. A Certified PYTSM lender puts its money where its mouth is, giving all parties a firm commitment and assurance that the transaction will close as expected!

Have you ever heard of a Lender putting up to $10,000 of real money to back up its loan commitment? Real Estate Agents have a fiduciary duty to obtain the best price and terms for their clients. In a competitive bidding situation, more than just the offered price will be considered by the Seller; the terms and conditions of the offer make a material difference in determining the “best” offer. Real Estate Agents should recommend a Certified PYTSM Lender to ensure the strongest possible offer – not just in price, but in probability of closing.


As a Buyer, you should know that Sellers frequently receive multiple offers on their home. The Sellers of your potential new home are typically purchasing a new home for themselves and may base their decision as to which offer to accept on whom they believe is most likely to perform (i.e. close escrow on time).

Presenting your purchase offer with a PYTSM commitment will assure the Seller that your creditworthiness has already been approved by your Lender and that your Lender is willing to back that approval with up to a $10,000 performance assurance.

PYT_Seal for Cindy Hallas How to get started with the PYTSM process?

Please feel free to contact Cindy Hallas, a PYTSM Certified Mortgage Loan Officer at AmeriFirst Financial Inc.

Cindy Hallas 602-793-9061
NMLS# 334571 Senior Mortgage Loan Officer

Finally there is a Lender who is willing to put its money where its mouth is!

Where can you read the “fine print” about PYTSM? For more information, please visit 


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