Despite the COVID-19 pandemic, we obtained a 30-year conforming purchase loan for our client to buy her first home in Miami, Florida at a 3.25% fixed interest rate. Given the coronavirus situation, everyone had to pull together to get this deal closed. The seller...
On behalf of a mother and daughter, we refinanced the loan on their property in Broward County, Florida, to bail them out of foreclosure. They had defaulted on their mortgage payments in June 2019, and the bank brought a foreclosure action against them in December...
On behalf of our client, we obtained a jumbo cash-out refinance on his rental investment property, a 4-unit in Miami Beach, Florida. The loan amount was about $615,000 at 70% loan-to-value (LTV). He used the loan proceeds to pay off the mortgage on this 4-plex...
On behalf of a New Jersey resident, we obtained cash-out refinancing for two of his rental investment properties in Arizona. For one of the Arizona properties, his terms included 75% loan-to-value (LTV) and a 5/1 adjustable-rate mortgage (ARM) over a 30-year term...
On behalf of a foreign national (a Canadian living in Australia) we obtained a cash-out refinance on one of his U.S. rental investment properties, a condominium in Las Vegas, Nevada. We used a no-document program to get him approved, meaning he did not need to...
