The Edge is a revolutionary approach to real estate settlements offered through First Savings Settlement Services, a joint-venture between First Savings Mortgage Corporation and Monarch Title, Inc.

Participating homebuyers receive an ironclad loan approval letter, a guaranteed closing date, guaranteed closing costs, and a closing cost credit of between $500 and $5,000.

Since 2003 millions of dollars of Edge Credits have been paid to hundreds of homebuyers across the Washington, DC area, all of whom received the program's unrivaled levels of:

Certainty

Cost Savings

The Edge Credit

Convenience

Local Ownership

 

Certainty
Qualifying homebuyers receive an Edge Loan Approval Letter to present with purchase contracts stating that financing for their purchase is a certainty.

Upon establishing the purchase price and loan amount at our first meeting, we also present the homebuyer with our guaranteed closing costs.

Cost Savings
We do not charge for credit reports or flood certifications and property surveys are often not required. The elimination of these fees can add up to hundreds or even thousands of dollars in savings on a typical transaction.

The Edge Credit*
The economic benefits of The Edge program extend beyond lower costs. Participants in The Edge receive a credit which ranges from $500 to $5,000 and averages over $1,400.

Since the program started in 2003, millions of dollars in credits have been paid to hundreds participating homebuyers and the program continues to provide tens of thousands of dollars of closing cost credits every month.

*Not available in Washington, DC

Convenience
You begin the process of qualifying for an Edge closing by applying for your First Savings mortgage online - before you even meet with a loan officer.

A preliminary decision will be made on your application within 24 hours so that, at our first meeting, your loan officer can present you with your guaranteed closing costs and settlement date.

Upon final approval, you receive your Edge Loan Approval Letter. This means any purchase contract you present will be tantamount to an all-cash offer.

Local Ownership
Both First Savings Mortgage and First Savings Settlement Services are local firms with sterling reputations in the real estate industry.

Unlike mortgage brokers or large national lenders, First Savings Mortgage is the largest privately-owned mortgage banker in the Washington area. All underwriting decisions are made quickly - and locally - assuring you that your application receives immediate attention from people with the authority to approve your loan.

First Savings Settlement Services' team of professionals represent over 100 years of combined experience and include some of the best known names in the business.