Mortgage Case Study – Approving a mortgage during Foreclosure (Hard Money Financing)
Scenario: Client was in foreclosure and needed extra money to pay-off debt. Mortgage Required: $290,000 Obstacles: Client was already behind on payments for his second mortgage and the lender has started foreclosure proceedings. Client also had no income verification as he just started a new business. What we accomplished: – Found a lender that was … Read more…