Cash Out 1 Day after Purchase
We call it “Delayed Financing”.
Useful when an owner wants a quick close of escrow due to auction or seller requirements or simply to be more competitive in their offer.
We will cash out 1 day after close of escrow.
- Borrowers should be same as owners on title
- Own funds to be used for purchase
- Property should not be secured by any other loan
- Unsecured loans ,obtained to close cash escrow need to be paid of at time of close of new escrow
This is a great product to get your buyers to be competitive in the market