cash out refinance: Recently Closed - Delayed Financing in Middletown DE - 02/01/17 01:27 PM
Recently Closed - Delayed Financing in Middletown DE
     In Middletown, Delaware, a client found my name online when looking for options on taking cash out on a home recently purchased with cash.  During the purchase process, she had attempted to get a loan but needed a quick turn time.  Despite promises made, another lender failed to perform, so on settlement day, my client was forced to write a large check, depleting assets for the sake of getting a great investment property at a wonderful, below market price (yes, these opportunities are still out there!)

     When we spoke, it was … (2 comments)

cash out refinance: Recently Closed - Delayed Financing in Georgia - 01/05/17 07:10 PM
Recently Closed - Delayed Financing in Georgia
     In mid-December I was contacted by a real estate investor in Georgia that had recently acquired a property in Atlanta in a cash purchase.  He had used cash to make a competitive offer on a property with some built in equity, and wanted to place a mortgage on the investment property.

     This was a perfect candidate for our delayed financing mortgage product that allows real estate investors (or anyone) to do a cash out refinance on a recently (within 6 months) acquired property if the property was bought with cash.  The best … (8 comments)

cash out refinance: Delayed Financing FAQ - 09/04/14 02:31 PM
Delayed Financing FAQ
     In my original blog post about Delayed financing, I discussed the basics of this under-utilized and extremely beneficial mortgage exception that can be used extensively by cash buyers & investors to help with cash flow and to have the best of both worlds when it comes to the advantage of a cash offer, with the benefit of a low interest rate conventional mortgage.
     The response has been tremendous, and made me realize that not many people know about this program, and even fewer are using it - comments like "my lender didn't … (10 comments)

cash out refinance: What is 'Delayed Financing'? How is it used? - 05/06/14 04:37 PM
What is Delayed Financing?  How is it used?
What is delayed financing?
     'Delayed financing' is an exception to traditional cash-out refinance guidelines for conventional loans.  It is a cash-out transaction involving a property that was purchased in the past 6 months.  For those that qualify for the delayed financing exception, cash may be taken out from equity of a recently purchased property to recoup a portion or all of the funds used to make the purchase.  This is a tremendous program for buyers with the ability to buy a home without using a purchase mortgage.
     Delayed financing allows a cash buyer to … (27 comments)

John Meussner, #MortgageMadeEasy Costa Mesa, CA 484-680-4852 (Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,) Ambassador large

John Meussner

#MortgageMadeEasy Costa Mesa, CA 484-680-4852

Costa Mesa, CA

More about me…

Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,

Address: 23441 S Pointe Dr, Ste 110, Laguna Hills, CA, 92653

Office: (949) 247-7530

Mobile: (484) 680-4852

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