Julia Knurova, Mortgage Mortgage Originator with the Hollywood, FL workplace, not too long ago closed a mortgage for a self-employed actual property investor who makes a speciality of Airbnb leases. The consumer, who had lower than two years of their present place, was capable of buy a single-family home in Fort Lauderdale, FL with a fast closing time of lower than three weeks.
One of many distinctive facets of this mortgage was that the property had been not too long ago listed on the market, simply three weeks previous to the refinance. Regardless of this, Julia was capable of efficiently navigate the method and safe the mortgage for the consumer.
The mortgage sort was a refinance cash-out, non-QM, financial institution assertion mortgage, which allowed the consumer to entry money from their property with out the necessity for a P&L letter. This kind of mortgage is changing into more and more fashionable amongst self-employed people and small enterprise homeowners, because it permits them to make use of their financial institution statements to qualify for a mortgage as an alternative of conventional revenue documentation.
Julia’s experience and expertise in navigating non-QM loans allowed for a easy and environment friendly course of for the consumer, leading to a profitable mortgage closing. The group at MortgageDepot Hollywood, FL department appears ahead to serving to extra purchasers obtain their homeownership targets.