💥 MCF TO THE RESCUE 💥
Location: Montgomery, Texas
Property Type: Primary, SFR (New Construction)
Loan Type: Purchase
Purchase Price: $528,333.00
$ Rescued Commission: $15,849.99
🛑 The Problem:
- Homeowner was purchasing a new home under construction as they were relocating from the East Coast to Texas.
- During the relocation process, the homeowner was denied a loan from their chosen lender due to income documentation.
🙌 The Solution:
- The homeowner was introduced to MCF Mortgage by a referral partner to rescue the purchase of this property.
- We quickly notified them that due to their low loan-to-value (LTV), excellent credit, and substantial liquidity, we would be able to approve their mortgage.
- We used our Portfolio Program, which relieved the homeowner’s stress as well as saved our Realtor® partner’s $15,849.99 commission.
As always, remember to Mortgage IntelligentlyTM
