Welcome to the Non-QM corner with Danny Flucke, National Non-QM Sales Manager at Kind Lending, LLC. Today we are going to share a real-life example of how Kind Lending recently rescued an escrow by providing solutions.
*Scenarios and case studies are unique to each individual's need for a mortgage loan. Non-QM program restrictions and eligibility apply.
Scenario:
A mortgage Lender or broker issues “pre-approval”. The home buyer makes an offer and then the seller accepts. Next, the real estate agent opens the escrow with the title company. But then, the unimaginable happens, the lender or broker reverses the approval due to income, credit, or property issues.
After the lender fails to honor their “pre-approval” – Homebuyers are often left to scramble with a Hail Mary attempt to find a new lending solution – meanwhile the parties involved in the home buying process (real estate agent, title company, escrow officers) are literally throwing their hands in the air due to frustration and another lost commission fee.
What should they all be doing instead?
They should be calling Danny Flucke, National Non-QM Retail Sales Manager for Kind Lending – to discover ALL their lending options. Kind Lending delivers solutions for Income, Credit, and Property issues – to RESCUE those escrows where restrictive federal lending rules of a typical lender and broker are a challenge and an obstacle, resulting in missed opportunities.
Solutions Delivered:
Did you know that Kind Lending, LLC delivers a wide array of solutions for Income, Credit, And Property Issues? Now you do! Including but not limited to:
• FIVE “NO Tax Return” mortgage options
• FOUR Purchase options up to 90%LTV (zero PMI)
• THREE Unlimited cash-out refinances
• Mortgage loan amounts up to $3M..!!
Enjoy the below case studies. If you have questions, please contact Danny Flucke today for a no obligation conversation about our Non-QM products and programs.
