💥 MCF TO THE RESCUE 💥
Location: Harleysville, Pennsylvania
Property Type: Primary Residence
Loan Type: Purchase
Purchase Price: $600,000.00
$ Rescued Commission: $30,000.00
🛑 The Problem:
- The homebuyer was an undocumented immigrant with no residency status.
- They were all set for settlement with their chosen lender when they received a denial TWO DAYS before their settlement date.
🙌 The Solution:
- The homebuyer was extremely disappointed. Luckily, the Realtor®-involved participants referred them to MCF Mortgage.
- Given the homebuyer’s immigration status, we immediately recognized the need to utilize our Portfolio Program —which allows us to remove burdensome antiquated underwriting guidelines.
- We had them at the settlement table in 22 days, plus saved the Realtor® partners’ commission of $30,000.
As always, remember to Mortgage IntelligentlyTM
