I have a borrower who is currently under contract to purchase a home here in Tacoma.
The purchase price is $195,000 and she has an estimate of $46,000 in fix up.
She is able to come to the table with $30,000 and our exit strategy is an immediate refinance.
In order for my company to close this loan with standard financing we would need to extend until June 15th however HUD will not let us exten…
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