Please email your buyer scenarios to Jeff Lazerson by clicking HERE or call him at (949) 322-8640 and let’s see if we can solve your loan approval challenges!
Week of 4/1/17:
Condo association has several lawsuits against the builder and others.
None of the litigation involves structural defects...just a lot of nuisances.
We get an LOX (letter of explanation) from the attorney representing the homeowners.
Lender accepts letter. Loan gets funded.
Hallelujah!
Jeff Lazerson - Mortgage Columnist since 2011