“This is the First Time a Home Has Been Within my Reach!”
My team and I heard an amazing story this week from a new client and first-time homeowner. Several years back, she was a young mother who had a daughter and a steady income. Unfortunately, she was hit by a truck when crossing the street and fell on hard times due to pain and the loss of her job. It left her oldest daughter living with her father and this mother with a new infant and living in shelters for a period of time. Over time, she pulled herself back up by finding a new job, was graciously allowed a place to stay, and is now ready to purchase her first home. Her two daughters told the seller that they looked forward to planting flowers and have dreams of running down a hallway. Our buyer said, "This is the first time a home has been within my reach!" I'd like to thank my extended team: Monalynn Kerol, Daina Sciutti and Cyndi Clark with loan set-up, along with Aaron Pitterman and Andrew Dannis for helping with the AC Boost approval, our UW Joan Larson, and The Lock Desk.
Moving Mountains for Mom!
During the pandemic, nursing homes have been hit especially hard and heartbreak has abounded. When our client reached out to us with the desire to safely and quickly move his mother from a nursing home into their new shared home, we pulled our collective team efforts together with care and speed. We were going to move mountains for his mom! Most amazingly, we were cleared to close on the 27th of May - we then signed docs the same day and closed on the 29th! Our Funder, Lisa Eandi, pre-funded with lightening speed. Karen Shafer worked her magic in the Docs and Closing Department and Adam Wroe was our awesome Underwriter. My Assistant and Processor, Mickey Czegledy, held it all together for me. Truly, upstanding work from an outstanding team.
Closing on Time. Even When Times are Hard!
After months of searching different listings, and then life coming to a slowdown, our buyer was thrilled to find the perfect home! Having worked with LendUS in the past, the listing agent knew that we at LendUS could successfully deliver on our promises. We were able to work closely with the realtor to shorten the contingency period and offer a 25-day close. When all was said and done, we won the bid and successfully closed on time!
Keeping a distance but staying together to close on time!
Due to the pandemic a lot of people are adjusting the way they work, and so are we! We had a loan closing on May 15th and to keep everybody safe and socially distanced we went for a mobile solution to get everything done. We decided to use our space to receive the title company and the client separately, so we could have all documentation signed accordingly. The title company was in the parking lot, gave us the package, we took it inside and explained everything we needed for our client. After that we took the documents back to the title company in the parking lot and they went to their office to complete the package and send it to our closer so the loan could be funded. We are totally driven to do whatever it takes to help our clients close their loans no matter what the situation.
Despite the restrictions and challenges with COVID-19, our team worked tirelessly to make it all happen!
Finding a home can be an exciting yet nerve racking process. Our LendUS team ensures that every experience is a seamless one. When a borrower called five months prior to purchasing a home, our team of industry experts stepped in with an advanced approval contingent upon the sale of his existing property. Once his dream house was selected, our loan advisor worked with the listing agent and buyer’s agent to close in a matter of 21 days! Furthermore, with the help of our incredible underwriting and funding team, we were able to close on the sale of their current property early in the morning and close on their new purchase just a few hours later! Despite the restrictions and challenges with COVID-19, our team worked tirelessly to make it all happen!
With more debt paid off, and credit rescored...Mom and kiddos are in a new home.
During this time of uncertainty, our client found the guidance and support to get the loan she and her family needed. A first-time homebuyer with a daughter, and a single mom, who also owns a restaurant, was disappointed when she found out the day before her loan was supposed to close that the Federal Housing Agency (FHA) changed their credit score requirements making her loan not fundable. Our loan advisor and regional president met with both the listing and buyer’s real estate agent’s explaining that their client’s loan could not be funded because her credit score was too low, but that we have options. We would be able to do a rapid credit rescore if she could pay down some debt, and that is exactly what happened. The real estate agents were able to extend the contract for another one and half weeks, the homebuyer paid off additional debt, her credit was rescored, and the loan closed with mom and daughter moving into their new home shortly after.