💥 MCF TO THE RESCUE 💥
Location: Davis, California
Property Type: Home Purchase
Loan Type: Primary Residence
Purchase Price: $637,000
$ Rescued Commission: $15,925.00
🛑 The Problem:
-
The benefits of entrepreneurship also come with some hindrances, especially with financing a home purchase.
-
Our borrower had significant cash flow, but tax returns showed little to no income after taking advantage of the tax laws.
-
Where to turn? Luckily, his real estate agent is a long-time referral partner with MCF Mortgage.
🙌 The Solution:
- Our Portfolio loans allow us to look at the full picture of a borrower, not just a credit score or DTI (debt-to-income).
- We were able to complete the financing for a successful purchase, which would not have been possible without our Portfolio program.
- These programs were designed specifically for business owners, self-employed, and high-net-worth individuals.
As always, remember to Mortgage IntelligentlyTM