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 11/12/16:
Borrower really wants a particular property that is getting a lot of action. He offers $800,000 cash and gets the home. But he needs mortgage interest deduction. Within the first 6 months of ownership he can cash-out up to 75% or $600,000 named delayed financing by Fannie Mae. Problem solved!
Jeff Lazerson - Mortgage Columnist since 2011