The closing of this jumbo residential acquisition loan occurred in one week’s time and was made possible by the efforts of a professional, highly-engaged broker keeping his eye on the objective. The broker’s client was an “A” borrower, both financially and from a credit standpoint, the property was in an “A” location and the down payment was significant. Those factors, combined with the broker’s cooperation, created a loan request that was right over the plate for SFG’s lending model. Our highly-experienced processing and closing staff handled it from there, including a last minute title glitch. Once again, the timeless formula and attention to fundamentals worked:
Low LTV @ “A” Location + “A” Sponsorship = Fast Closing!!