MCF to the Rescue in Mokena, Illinois

💥 MCF TO THE RESCUE 💥

Location: Mokena, Illinois
Property Type: Primary Residence
Occupation: Business Owner
Loan Type: Purchase
Purchase Price: $524,900.00
Loan Amount: $419,920.00

$ Rescued Commission: $26,245.00

🛑 The Problem:
  • First-time home buyer and successful business owner was denied by several lenders for financing.
  • This individual had significant cash reserves and positive monthly cash flow from their business.
  • But, they did have past credit issues and a business that utilized tax advantages for equipment depreciation.
🙌 The Solution:
  • The flexibility of the MCF Mortgage Portfolio Program provides financing options to those individuals who fall outside the “conventional” spectrum.
  • MCF Mortgage closed this loan in 27 days.
  • We also saved the hard-earned $26,245.00 commission for our Realtor® partners.

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As always, remember to Mortgage IntelligentlyTM