💥 MCF TO THE RESCUE 💥
Location: Baltimore, Maryland
Property Type: Primary Residence
Loan Type: Home Purchase
Purchase Price: $456,750.00
$ Rescued Commission: $22,837.50
🛑 The Problem:
- Successful corporate executive was denied by the bank as they could not approve for a conventional mortgage.
- Why? Antiquated underwriting guidelines that banks, credit unions, and most lenders follow prevent a huge percentage of homebuyers from successfully purchasing a home.
🙌 The Solution:
- At MCF Mortgage, however, we don’t believe in boxes and instead tailor our loans to the specific needs of each family.
- In this situation, we were able to finance this property with our Portfolio Program and closed this loan in less than 3 weeks which allowed us to rescue our referral partners’ commission of $22,837.50.
As always, remember to Mortgage IntelligentlyTM