EMD of $75K Rescued! New build investment home 🤑💪

MCF TO THE RESCUE

Location:Port Aransas, Texas
Property Type: Investment Property
Loan Type: Purchase
Purchase Price: $888,420.00

$ Rescued Commission: $75,000.00

The Problem:

• A REALTOR® who invests in real estate knew that the conventional financing route would be closed off based on their income structure.
• Their partner had a $75K non-refundable EMD with the new home builder.
• Thankfully, they are a member of the MCF Mortgage referral network, so they knew exactly where to turn.

The Solution:

• MCF Mortgage has unparalleled strength in providing financing for real estate investors as we have a myriad of programs that address an investor’s unique needs.
• In this scenario, the MCF Mortgage team utilized our Portfolio Program, and we structured a loan that met this investor’s needs.
• Working with the investor, MCF Mortgage closed this loan in 18 DAYS.

As always, remember to Mortgage Intelligently^TM