MORTGAGE FINANCING

CASE STUDIES

Situation

In Sudbury, Massachusetts, a self-employed homeowner was in foreclosure.  The auction date was set.  The family had two small children in pre-school and were about to start packing.  They were thinking about filing bankruptcy.


Solution

Rather than refinance their property because it was now worth less than they owed, our accomplished mortgage professional realized we could reach a forbearance with the current lender.  This could enable the homeowner to avoid foreclosure or bankruptcy and keep their home.  Integrity is first in our company.  This forbearance agreement we identified meant no fee to the client and no fee's earned by CFO.

 

Situation

A Reno, Nevada landscaper had a delinquent commercial property loan for his business.  He also took an equity loan on him home to survive.  Needless, to say their credit rating was under 500.

 

Solution

Credit ratings are far less important to us when you are pledging real estate.  We access hundreds of both commercial and residential lenders to finance our clients' needs.  Combining business and personal assets can sometimes close the deal.  In this case a current third party commercial appraisal was required at the client's expense.  It is a small price to pay for financial survival.  CFO only profits upon closed loans.  Therefore, we will quickly identify the most affordable offer with the least amount of paperwork possible through our national network.

Situation

A New Jersey homeowner secured a variable mortgage on his home.  With the rise in interest rates, they could not come close to making the payments.  They knew the following year was not looking any better.  They were contemplating selling at a loss.

Solution

Through our national lending network, we found a dream lender