💥 MCF TO THE RESCUE 💥
Location: Hutchinson Island, Florida
Purpose: Purchase
Occupancy: Primary Residence
Purchase Price: $455,000.00
$ Buyer Agent Rescued Commission: $13,650.00
$ Seller Agent Rescued Commission: $13,650.00
🛑 The Problem:
- This retiree was denied by their lender even though they were honest about their financial situation.
- The reason they were denied was two-fold: 1) non-traditional verifiable income, and 2) 30 days discharged from bankruptcy.
- The retiree felt like they were out of options but luckily they were referred to MCF Mortgage.
🙌 The Solution:
- We were able to finance their purchase utilizing our MCF Mortgage Portfolio program. We structured the financing with a 30-year fixed rate, which provided peace of mind.
- Not all homeowners are alike. Loan programs need to be adaptable to every situation. In the end, we rescued this home for our customer and secured the listing and buying agent’s commission.
As always, remember to Mortgage IntelligentlyTM
