Recently Funded Scenarios
Loan to Estate of the Deceased
The loan was approx 35%-40% LTV to pull the house out of a pending foreclosure, pay back taxes, attorney fees and some funds to finalize/settle the estate. The Estate is now wble to sell the property and salvage the $175,000 in equity that would have been lost in foreclosure, and because of this the loan had no pre payment penalty.
The loan was approx 35%-40% LTV to pull the house out of a pending foreclosure, pay back taxes, attorney fees and some funds to finalize/settle the estate. The Estate is now wble to sell the property and salvage the $175,000 in equity that would have been lost in foreclosure, and because of this the loan had no pre payment penalty.
If your deal makes sense, we can fund your loan.
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