If your seeking a the VA mortgage in today’s economic climate I have learned one thing for certain. Expect the unexpected, always be prepared, and get ready to work overtime. That’s our credo. And frankly speaking… if you hear anyone tell you they never experienced any last minute surprises, you can rest assured they aren’t closing any loans.
In this transaction, here are just a few of the obstacles we had to deal with:
- The 3rd largest Government lender in the country collapsed just before funding.
- Our client was recovering from bankruptcy
- We had credit issues that needed to be repaired BEFORE closing
- Our 2nd and “back-up” lender turned down the loan AFTER our client was completely packed up and prepared to move.
- And, we had to drive over 800 miles to bring this story to you…
Best of all our client moved into a new home inside a gated community, has a 5.5% fixed rate loan, and to quote him directly, “feels truly blessed.”
My personal thanks to Sam for giving us the chance to fund his VA Mortgage Loan…
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