Mortgage Grader

Please email your buyer scenarios to Jeff Lazerson by clicking HERE or call him at (949) 322-8640 and let’s see if we can solve your loan approval challenges!

Week of 3/18/17:

Home is being sold as is.

Baseboards and carpeting are out due to a previous water leak that was fixed.

There are no health or safety issues like mold.

Lender agrees to an escrow holdback of 1.5 times the amount of contractors repair bid - and - the work must be done within 30 days.

Buyer agrees.

Loan funds and all is good with the world!

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Jeff Lazerson - Mortgage Columnist since 2011