Purchase Loan in Florida for Out-of-State Borrower

On behalf of an out-of-state client who appeared to have limited income, we creatively relied on income she received from family members, as well as assets she jointly held with her family, to obtain a $320,000 purchase loan to buy a new home in Florida and close on the loan in less than three weeks.

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Loan for large acre property in Florida

Purchase Loan for 29.22-Acre Ranch

Our client was under contract to purchase a gorgeous ranch-style house sitting on 29.22 acres in Central Florida.    The loan file had two main challenges.