Yesterday I wrote a blog about a loan that was really tough to get to the Closing Table. Well today I had one that was the opposite. It was a loan that Andrea Swiedler referred the Buyers to me.
Both Andrea and the Buyers were a real pleasure to work with, everything I asked for was provide immediately. Andrea is a true Pro and really, really knows her stuff. The Buyers had lots of questions, but all of them were very well thought out, and a couple of times helped to direct me to the answers.
This deal went as smooth as they can go, this was a USDA Loan that went through CHFA, and the only little hitch was CHFA taking longer to sign off on the loan than the normally do. By putting the USDA Loan through CHFA we were able to get the best of both worlds. They got the below market interest rate that CHFA offered (4.875%), and no money down and no PMI, because it was a USDA backed loan.
The Commitment Letter on this loan was as clean as it could be. The only thing that the Buyers had to do once the loan was Committed, was to go out and get Homeowners Insurance.
I went to the Closing and it was great to see the smiles on everyone's face, even the two Attorneys were smiling. You need a loan like this every once and a while, especially after the one I Closed on yesterday.
Thank you Andrea for letting me be part of this experience today :)
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Info about the author:
George Souto is a Loan Officer who can assist you with all your FHA, CHFA, and Conventional mortgage needs in Connecticut. George resides in Middlesex County which includes Middletown, Middlefield, Durham, Cromwell, Portland, Higganum, Haddam, East Haddam, Chester, Deep River, and Essex. George can be contacted at (860) 573-1308 or gsouto@mccuemortgage.com
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