The But Loan
I just had to share this But Loan song with you. Created by my coworkers here at Amerifirst Home Mortgage. Enjoy! Oh, and if you would like more information about a But loan, check out this page about renovation lending. It’s a great loan program where we can finance all kinds of repairs and remodeling projects from kitchens, bathrooms, additions, the list is virtually endless!
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S.O.S. SAVE OUR SALE
S.O.S. SAVE OUR SALE: WHAT TO DO WHEN YOUR LENDER STALLS WEEKS BEFORE CLOSING!
Did your mortgage lender suddenly go radio silent, request the same bank statement for the fourth time, or drop a last-minute loan denial right before your scheduled closing date?
Yesterday, a panicked real estate agent called my office from Portage. Their buyer had been under contract for three weeks on a home near Milwood. The closing date sat just nine days away.
Out of nowhere, the buyer’s out-of-state call-center lender issued a denial letter. The call-center underwriter miscalculated self-employment write-offs, panicked over an unpermitted porch repair on the appraisal, and threw the entire transaction into the trash can.