Notable “Out of The Box” Loan Closing
Elite Equity recently closed a purchase loan for a client who couldn’t qualify for conventional financing.
Borrower had credit issues that wouldn’t allow him to attain any type of Fannie / Freddie type loan. With a short escrow period and no other viable options, elite equity was able to find the best portfolio loan program and closed the loan shortly thereafter.
The clients have since moved into their new home and couldn’t be happier!
Once available, elite equity will complete a true no cost refinance loan with more favorable terms.