12 November 2025 | 1 reply
Standard can go (2) ways ELA Express Loan Approval less than 12 days to close or going FHA, VA or Conventional with Rush appraisal and still under 18 days.Biggest part is making sure the deal/loan is discussed in detail with banker, Processor, Realtor, Title company and appraiser cannot drag feet unless you use an AVM.
29 October 2025 | 4 replies
The other really important thing is ask the Bank for an "ELA" or Express Loan approval.
13 October 2025 | 4 replies
Which then causes the milestones or each step to get dragged out due to (way too many people/hands) touching the file.There is a process called ELA or Express Loan approval a buyer can ask for up front.
10 September 2025 | 13 replies
As always thanks for any advice and if you have anything elae, I'm always ears for anything.
26 April 2025 | 4 replies
Most lenders will not offer this type of help or even suggest these things and simply run a generic "Pre-approval" and email you a letter.Instead with VA 100% loans it is wise to have the bank/lender runs an "ELA" Express Loan approval which is an actual underwritten guarantee to close in (15 days) or less.
10 December 2024 | 2 replies
We call it an ELA (Express Loan Approval) where we can close in 15 days or less because it already underwritten.That ELA will outbid any offer even in some cases an "All cash" close because an "All cash" offer is usually well under the ask price.
4 September 2016 | 4 replies
I believe you have to register with FEMA first, then you will actually get assistance in the form of a loan from SBA at https://disasterloan.sba.gov/ela/Account/Register1 My friend and colleague @tami dubose is going through the process now and she's the one I got the link above from.
31 August 2018 | 10 replies
Buy two locks with matching keys or get them keyed to match by a locksmith or a hardware store so you only have to issue one key to access both of your doors.Schlage F80 ELA Elan Keyed Storeroom Leverhttps://www.americanlocksets.com/schlage-f80-ela-e...
6 October 2020 | 78 replies
@Scott F.Hi Scott,EIDL loans come directly from the SBA, no banks are involvedApply at: disasterloan.sba.gov/ela I believe there is a notice on the site now about the $10k grant too.
27 March 2020 | 1 reply
https://disasterloan.sba.gov/ela/I did apply for each of my LLCs - not clear what rules are if person has many LLCs.