Builder’s Warranty

A builder’s warranty is a promise on the part of a builder to repair covered problems in a newly constructed home; most such documents are valid for the first year. Requests for a builder’s warranty protection plan are made to validate that:
  • Acceptable payment has been made
  • The builder’s application has been accepted and approved by the warranty company
  • The warranty will be issued to the customer
Typically, one or more of the following are documents are acceptable:
  • A letter from the warranty company that covers the points above and includes a policy number
  • An executed binder from an approved warranty company
  • A cancelled check and evidence that the payment has been made
  • A copy of the actual warranty issued to the customer
To avoid delays in processing your loan, please:
  • Make sure the copies you send are legible.
  • Do not include documents that have been altered with correction fluid or by other means.
  • Submit the entire requested document and include all pages (even blank ones).