cash out refinance: Recently Closed - Term Reduction Refinance in Wilmington, DE - 08/15/17 05:09 PM
Recently Closed - Term Reduction Refinance in Wilmington, DE
 
 
     This blog post could also be titled "when things come together perfectly".  You know what I mean.  When a client has their stuff together, in every aspect of having their stuff together.  Great credit, great communication, responsiveness, a low debt to income ratio, and plenty of equity in their home.  This situation is the "unicorn" of the mortgage industry, and when we get em', we sure do appreciate them to balance out the puzzles that we're usually issued by clients.
 
     The result of combining one of the industry's best loan … (1 comments)

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 Walnut Creek, CA 484-680-4852 (Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA,) Ambassador large

John Meussner

#MortgageMadeEasy Walnut Creek, CA 484-680-4852

Walnut Creek, 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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