Recently Closed - Bristol Tennessee Home Purchase

By
Mortgage and Lending with Mason-McDuffie Mortgage, Conventional Loans, Jumbo Loans, FHA, 203(k), USDA, VA, NMLS #138061 MMCD #1141

Bristol Tennessee VA Home Purchase

 

     The JM Loans team recently just wrapped up a purchase loan for a couple relocating from Nevada to Bristol, Tennessee to spend their retirement years.

 

     This client was in 2 groups that have become very common to work with for the JM Loans team - Veterans, and relocations.  Being licensed in 12 states (With Mason Mac being licensed in 8 others), we see a lot of relocating clients,Tennessee VA Mortgage and with good cause - in more cases than not we have some tremendous resources available in both the areas they're coming from and going to.

 

     Being a veteran, our client was able to take advantage of our VA loan program to get into their new home with a down payment of a whopping 0%, and obtained a great fixed rate in the process.  For those unfamiliar with the program, VA allows eligible veterans to obtain 100% financing up to established county loan limits with rates generally below those available in the world of conventional financing.  For many scenarios, VA loans are the best loan product available on the market.

 

     With this transaction, there was a hiccup along the way - our clients were selling their home in Nevada, and that buyer's financing fell through (we were not the lender!).  Thankfully, our client had enough VA eligibility to carry a VA loan on both their departing residence AND their new home, so the issues with their home sale proved to not have a negative effect on their home purchase in Bristol.  Our experience with VA loans allowed us to keep our clients and their agents cool, calm, and collected, as we overcame what they thought would be a major obstacle, and moved to closing with no issues.

 

     The best part of this transaction was that everyone was on the same page in moving things forward.  Because all parties were involved, had good communication, and were quick to provide items needed, we were able to fund our client's loan 2 weeks before their contractual closing date.  Our rockstar team of processors and underwriters has made this a common occurrence - loans moving through the pipeline very fast, with loan processing times of about 2 weeks from the time we receive a contract until the time we close.  Recently, we even had a purchase go from "contract received" to "clear to close" in just 4 business days. 

 

 

Licensed in CA, CO, DE, FL, GA, MD, NC, NJ, PA, TN, TX, and VA, the JM Loans team is here to help guide you through the mortgage process and ensure you close on time with a great rate and the most pleasant process in the mortgage industry.    

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Buying
Location:
Tennessee Sullivan County Bristol
Groups:
Mortgages
The Lounge at Active Rain
Dedicated Bloggers
Tennessee
Realestateandfunding
Tags:
va loans
tennessee home loans
mortgage stories
tennessee mortgage
relocation mortgage

Post a Comment
Spam prevention
Spam prevention
Show All Comments
Rainmaker
365,357
Susie Kay
Ultima Real Estate - Plano, TX
North Dallas Specialist

Congratulations John Meussner ! I'm sure this is also you performing well to assist buyers on their loan.  Good job and well done, I'm sure they are very happy!

Nov 17, 2017 02:53 PM #1
Rainmaker
1,520,592
Amanda S. Davidson
Amanda Davidson Real Estate Group Brokered By eXp Realty - Alexandria, VA
Alexandria Virginia Homes For Sale

Way to go John! You're the best of the best. Your care for your clients always shines. I hope their home in Nevada is back under contract too - a perfect example of how important selecting the right lender is. Congratulations!!

Nov 17, 2017 04:37 PM #2
Ambassador
3,279,216
Debe Maxwell, CRS
www.iCharlotteHomes.com | The Maxwell House Group | RE/MAX Executive | (704) 491-3310 - Charlotte, NC
Charlotte Homes for Sale - Charlotte Neighborhoods

Way to go John on another sale. Keep the momentum going as I know you will!!

Nov 17, 2017 09:15 PM #3
Rainmaker
3,057,363
Nina Hollander
Coldwell Banker Residential Brokerage - Charlotte, NC
Your Charlotte/Ballantyne/Waxhaw/Fort Mill Realtor

Congratulations, John, on the closing. I love working with Veterans and have never had an issue with VA loans, although I know many agents who "fear" them.

Nov 18, 2017 06:15 AM #4
Rainmaker
541,391
Maria Sapio
Keller Williams of Central PA - Carlisle, PA
Real Estate Agent- Carlisle, PA. Mariasapio.com

Congratulations John Meussner - You're the best and your heart for your clients  always shines through!

Nov 18, 2017 08:47 AM #5
Rainmaker
3,195,254
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

John did you switch companies? or is this just a new logo on your photo? It looks good either way, Endre

Dec 08, 2017 11:52 PM #6
Rainmaker
3,195,254
Endre Barath, Jr.
Berkshire Hathaway HomeServices - Beverly Hills, CA
Realtor - Los Angeles Home Sales 310.486.1002

John it is all good here Bel Air there was a bit of a drama but the FD and the PD were so on top of it... all good, on a side note the new Logo is Powerful...Endre

Dec 09, 2017 12:31 AM #7
Post a Comment
Spam prevention
Show All Comments

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Ambassador
888,472

John Meussner

#MortgageMadeEasy Walnut Creek, CA 484-680-4852
Ask an Expert!
*
*
*
*
Spam prevention