We wish you a very Happy Holiday and a prosperous New Year!
We believe 2015 will be a year where more people will be able to obtain financing. In the last several months, lenders released products such as:
- 3% down payment loans
- 12-months bank statements for self-employed borrowers
- Loans for people with more than 10 financed properties
- Loans for foreign nationals
- Piggyback loans
- Asset depletion calculation for income
- Pledged assets loans
- More jumbo loan options
- Other niche products that shorten the time period after an unfortunate economic event, such as short sales and foreclosures
- Reverse mortgage loan options
- More multi-family and commercial loan options
It appears this trend will continue into 2015 and new products will become available. If you, or someone you know, is looking to qualify, let us know and we can help you!
John Rapasky is the President of the Counsel Mortgage Group, LLC. Copyright © 2014 Counsel Mortgage Group, LLC, All rights reserved.
MB# 0909580 NMLS# 178927 AZ LO# 0911590 NMLS# 179539