95% LTV, $332K Purchase, Declining Market, Limited Assets
OPPORTUNITY: Our client found their dream home but had limited access to cash.
SOLUTION: With our knowledge of lending guidelines, we chose a lender whose programs best fit our borrower. A declining market restricted the borrowers access to equity and liquid assets were very limited. We designed a collection of limited contributions from the seller as well as from the borrowers family members, to help with down payment and closing expenses.
Steelhead Residential Funding is a mortgage brokerage in California (CA Dept. of Real Estate - Real Estate Broker #01400712) and Hawaii (Dept of Commerce and Consumer Affairs #MB 1264). Information provided by you to Steelhead Residential Funding through this website shall not be considered an application for a mortgage loan. An Equal Housing Lender. Steelhead Residential Funding is an independent company under the guidance of Steelhead Capital, Inc. Purchase and financing advice are offered as part of the full service nature of the lending process, however neither Steelhead Capital or its affiliates are responsible for investment decisions. No guarantees are offered or implied to visitors of this website. Thank you for your interest in working with a professional mortgage broker from Steelhead Residential.