Client Wins

Every week we share stories about homebuyers and homeowners who are achieving their goals with RPM as their partner. Click below to read more.

A disabled veteran and his wife were set to relocate to a new state after she landed a residency at a local hospital. They attempted to get pre-approved with another lender, but were told they needed to live in the state with her working for at least a month before applying. Worried they would have to move their family of six into a hotel while they waited, they came to us looking for a second opinion. We reviewed their file and found there would be no need to wait if the husband could qualify on his own for a VA loan. We crunched the numbers and were able to qualify him at an amount they were comfortable with. In the end, the couple closed on a home a week sooner than expected and had time to settle in with their family before the wife started her new job.

A couple had a very specific need for their new home – it needed to help improve their work-life balance. She wanted to shorten her two hour commute and he needed a comfortable space that allowed him to work from home. They also had some specific needs for their loan. She was a first-time buyer and he was in the process of selling a house, so he didn’t have much to contribute to a down payment. Both were receiving gifts from their parents and had a lot of questions along the way. While they started looking for their perfect home, we began looking for a loan solution to accommodate their needs. Working together, we were able to help the couple qualify and feel good about their purchase. They are now set to close at the end of the month on a home with a separate work studio that is only minutes from her office.

An active-duty naval officer was thousands of miles away for training while his wife house-hunted back home. Having been pre-approved for a VA loan by a well-known national lender, she found the perfect condo and submitted an offer. But she was shocked when, the day the sellers were to review offers, she learned the complex was not eligible for VA lending. Knowing there were only a few hours to spare, her agent referred her to us for help. In just 90 minutes we reviewed all documents, got the couple pre-approved for a conventional loan, committed to closing in 21 days and submitted a new offer. Our quick action was enough to help our clients beat out nine other bids and win the deal. Now the wife is settling in and preparing for her husband’s long awaited return home.

Two sisters were looking to purchase their first home together in a very competitive market. They had already been in contract on two different homes, which had fallen through due to poor inspections. Starting to feel frustrated, they decided to take one more chance on a home that they felt would be perfect. To give them a competitive edge, we included in their bid a commitment to close in less than 21 days. The strategy worked! Their offer was accepted and the loan went through without a hitch.

Our client had trouble finding steady work as an auto mechanic and decided to change his career path to become a correctional officer for a local prison. Now with a steady fulltime job and benefits, he wanted to explore purchasing a home. He first started by talking with his bank, but was told he needed at least two years of employment in the same field to be able to qualify. Moving on, he was told the same thing by two other banks before coming to us. Because we evaluate potential borrowers by looking at the big picture, we were able to fully document his past work history and acknowledge his new full time position—allowing us to approve him for a loan and offer him a new role as homeowner.

While on vacation, a snowbird couple had fallen in love with the warm weather and decided they wanted to buy a second home. They hadn’t purchased a property in more than 20 years, so their Realtor referred them to us. At first they were surprised with how much the application process had changed over the years and were concerned about giving out so much of personal information. We reassured them that the regulations in place today are designed to protect consumers and that guidelines are different for purchasing second homes, which explained much of the differences from their past experience. The couple appreciated the explanation, moved forward and are now enjoying their time in the sun.

A newly single mother had come to us for help. She was just re-entering the workforce after taking years off to raise her children, address health issues and deal with her previous home that had burned down. She had now fallen in love with a home on the lake, but learned she was facing potential title issues due to legal road access to the property. Her Realtor had encouraged her to use a local bank that was familiar with the issue and could help, but its high interest rates left her wanting a second opinion. Her lack of recent work history was a challenge, which we addressed with verifications of employment from her former companies. Then, together with her lawyer, we arranged for title insurance to address any potential issues about road access. We were also able to secure a rate much lower than she was offered by the bank. And to top it off, we closed two weeks early. She is now watching the sun rise over the lake every morning and ready to take on the next chapter of her life.

Clients were already in contract when their lender’s denial threatened the deal. Their income was complicated – one was a Veteran, both were doctors and they were getting a second loan from their employer to help with the down payment. The sellers already had a back-up offer, so there was no wiggle room to postpone the closing date. We quickly jumped in and discovered that the previous lender had miscalculated our clients’ income. We made the correction, got them approved and funded their loan within two weeks – closing on the original date scheduled. They were so happy, they even invited us to their house warming party.

Buried in debt with a low credit score and in need of a resolution, homeowners were referred to us to discuss their financial options. They wanted to pay off more than $100K in debt and lower their overall monthly expenses, but hadn’t been able to qualify for a cash-out refinance. After analyzing their existing home loan and equity, we set them out on a path to boost their credit score. They followed our instruction to a T and within days, saw a 40 point jump in their score – putting a refi within reach. With a new sense of optimism and clean slate, they’re now saving $2,000 per month and feel much more financially more secure.

Tired of renting in a noisy area with inconsiderate neighbors, a young woman was referred to us to discuss her home buying options. When we initially met, she had little cash saved, several debts and a low credit score. We worked with her over the next few months to rebuild her credit and execute a plan to help her save enough funds for a low down payment and closing costs. Once she was in a better position, she made an offer. A few weeks later she was in her very first home, grateful for the opportunity to become a homeowner.

After going through some rough times, a retired couple on a fixed income came to us to discuss their options to buy. Years ago, the husband had gone through a messy divorce, filed for bankruptcy, lost one home to foreclosure and sold another in a short sale. After re-establishing his credit, he and his new wife were hopeful, but not confident, that they could once again become homeowners. So we sat down together, went over various lending programs, and informed them that enough time had passed since their financial hardships that their chances of buying looked good. The process wasn’t the smoothest and some obstacles did pop up along the way, but they never lost hope. In the end, their loan came through and they are happy homeowners once again.

A client came to us looking for an edge in a market with limited inventory, steep competition and rising prices. He had heard about Advance Approval® and was interested in a full upfront approval instead of a pre-qualification. So we gathered all of his documentation and submitted his file to our underwriter for a complete income and credit review. When the right home came along, we reached out to the listing agent and assured the sellers that we could close in less than 30 days. This helped our client beat out multiple offers – including a bid that was $50,000 over asking – and got him into his home in just 16 days!

Pages: 12 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18