We just assisted a client in successfully purchasing their home despite many tough variables; and in only 27 days! Read below to learn more....
Challenges:
- Clients had no net income in 2012 and needed to qualify solely on 2013 business income
- In order to qualify, we needed IRS tax transcripts around the April 15 tax deadline when long delays usually occur
- Clients wanted to keep their current home as a rental, but needed the equity from this home for the down payment on the new home
How we overcame:
- We have lenders who can qualify self-employed borrowers on one year’s tax returns
- We worked with the clients to expedite tax transcripts from the IRS
- We helped the clients close a cash-out refinance on their existing home in 24 days, so the funds were available in plenty of time for their purchase closing
The escrow officer proclaimed -
“I have to say you guys are on it! I wish all brokers were that way...so thank you!”
The listing agent said -
“I wanted to thank you for actually updating us when you said you would and for being so on top of your files. It’s pretty rare nowadays.”
HOW YOU CAN USE THIS:
- You may have clients who don’t “fit in the box” for their home purchase. No problem! We specialize in making tough situations work, when others can’t approve the loans!
- We pride ourselves in unbeatable turnaround times, laughing at 30-day escrows! So your clients have a better chance at getting their offers accepted
- Let us make the lives of your clients easier as mentioned in the above testimonials. It is a great reflection on you!
We are happy to support your clients’ needs. Contact us with questions...we’re here to help!