Recently Closed - Cash-Out Refinance on Duplex in Martinez, CA
By John Meussner, #MortgageMadeEasy Fair Oaks, CA 484-680-4852
(Mortgages in AZ, CA, CO, DE, FL, GA, MD, MN, MT, NC, NJ, NV, OK, OR, PA, SC, SD, TN, TX, UT, VA, WI)
Cash Out Refinance on a Duplex in Martinez, CA Most deals don't come easy. Nearly every mortgage application has SOME type of puzzle piece that's difficult to place. Thankfully, the complicated loans with lots of moving parts are the ones that make me a better loan officer, and give my team an opportunity to shine. Recently in Martinez, CA, we had an applicant that wanted to take some cash out of a recently purchased and renovated property. Easy enough, right? It was, until we received tax returns that indicated minimal qualifying income, a title report that indicated multiple liens we were never made aware of, and 2 of the 3 lien holders would be out of the country and unavailable for a fairly large portion of the loan process. There was more than a little creat...