Agent helped secure refinance at lower interest rate
Agent helped secure refinance at lower interest rate
The borrowers were willing to give it one last try on a referral from a family member who was one of Greer’s past clients.
Greer informed the potential borrowers that with 23 years in business, his firm has cultivated some very good relationships with investors.
The company knows an investor who will accept any modified or restructured loan given that it is no longer in its temporary period and all payments in the past 12 months have been made on time.
Even with that information, the borrowers were skeptical because of big banks denying their refinance attempts.
Greer was able to get the loan submitted to the investor quickly and supply the borrowers the approval with conditions to get them fully on board.
[...] the appraisal was ordered, interest rate locked and the loan funded in 25 days.