Social Links Widget

Click here to edit the Social Media Links settings. This text will not be visible on the front end.

Financing • November 1, 2021

New Delayed Financing product from Coast One Mortgage

by Greg Denzinger
Many buyers are making all cash offers today. But, due to mortgage seasoning requirements (normally 6 months), many of them are concerned they won’t be able to free up their cash after they close.
Coast One Mortgage has successfully negotiated a seasoning requirement waiver on all their conventional, jumbo and portfolio products.  Simply put, you can pay cash for a property, and immediately turn around and do a cash-out refinance, up to 85% for all conventional loans, and 89.99% on all jumbo and portfolio products, to extract your money back out of the property!  Moreover, NO Private Mortgage Insurance policy.
Call me for more information.
(614) 674-3939
Related Articles
Buying Don’t Expect a Flood of Foreclosures Content courtesy of Keeping Current Matters The rising cost of just about everything from groceries to gas is leading to speculation that more people won’t be able to afford their mortgage payments. That leads to speculation that foreclosures are on the horizon. While it’s true that foreclosure filings have gone up a bit compared to last […]
Buying American’s Are Sitting On Tremendous Equity Courtesy of Keeping Current Matters Equity Is a Game Changer for Homeowners Looking To Sell If you’re a homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s your biggest hurdle, understanding your equity may be […]
Buying The Housing Market Faces Two Big Issues The housing market faces two big issues right now. The biggest challenge is how few homes there are for sale. Mark Fleming, Chief Economist at First American, explains the root causes of today’s low supply: “Two dynamics are keeping existing-home inventory historically low – rate-locked existing homeowners and the fear of not finding something to buy.” Let’s break down these […]
Home
Properties
About Me
Blog
Neighborhood News
eho-89x83.png
realtor_white-71x83.png

Terms Of Use | Privacy Policy | Accessibility Statement | Fair Housing Notice

© 2022 Coldwell Banker Residential LLC

© 2019 Schmidt Real Estate Great Lakes, LLC and Schmidt FOC LLC. All rights reserved.

Coldwell Banker® and the Coldwell Banker Logo are registered service marks owned by Coldwell Banker Real Estate LLC .

*Schmidt Real Estate Great Lakes, LLC and Schmidt FOC LLC fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

Each office is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Coldwell Banker Real Estate LLC nor any of its affiliated companies.