Every week we share stories about homebuyers and homeowners who are achieving their goals with RPM as their partner. Click below to read more.
I thought my unique purchase would be a challenge, but your expertise in VA loans got me the home I wanted in the perfect location.
A client was excited to find a home in what he considered the perfect location. But it was through a Sheriff’s sale, which meant a 10% non-refundable down payment was required. In addition, he was a veteran and unsure of how to take advantage of the benefits he was eligible to receive. When we met, we reviewed his financial profile, guided him through the VA lending process and helped apply the gift he had received for the down payment. He was thrilled with the purchase and is now using the money he saved to fix up the perfectly-placed home.
Downsizing after a divorce relieved my stress and my wallet.
When life took a different path, a newly divorced client called us worried about how she’d maintain the mortgage on her large home. After meeting and discussing her options, she decided that selling the home and purchasing a condo would provide a more manageable home and monthly payment. She started searching in the evenings and on weekends, and wanted to be able to make offers on the spot. That meant we needed to be available to generate pre-approval letters for her anytime, anywhere – which we did. This strategy paid off and she won a bid on a condo. Happy in her new home, she has saved $300 a month and immeasurable stress.
You stepped in when our loan was threatened and helped us go from devastation to new homeowners in less than a month.
A past client lost their home in a devastating wildfire and quickly started looking to purchase again. They met with us initially, but were enticed by a lower rate from a major bank. We understood, wished them well and let them know we’d be there if they needed help. Just five days into their 21 day contract, they learned that their bank couldn’t close any sooner than 35 days. They came back to us to see if we could meet their deadline and without hesitation, we assured them we could. We gathered all of their items for approval, moved quickly and closed on time. Three weeks later, our clients we’re homeowners once again – thrilled to have received both great service and super speed.
Being self-employed, I worried my options were limited when my lender my loan a week before closing. You proved they weren't.
A self-employed borrower relocating from out of state, was already in contract on a home when his loan fell through one week before closing. Following the advice of his real estate agent, he came to us to save the deal. We reviewed his file and explained that, although his income and assets were complex, he could still obtaining financing. We matched him with a specialty product that aligned with his financial profile perfectly. The borrower got an extension from the sellers and within two weeks, we closed on his loan and avoided the year-end tax complications that concerned him most.
Our mortgage payments were continuing to rise, but a cash-out refinance saved us one thousand five hundred dollars a month!
When our past clients could no longer afford the rising payment on their 10-year adjustable rate loan, they came to us looking for a solution that met their budget. Cash flow was important, so our goal was to make it possible for them to access their home’s equity, use it to pay off debt, and reduce their expenses. We focused first on credit repair and were able to increase their score by more than 80 points. This helped them qualify for a new loan, take out more than $20,000 in cash from their equity and pay off existing credit card debt. Between switching to a more flexible loan term and bettering their credit score, their refinance reduced their overall monthly costs by $1,500!
I waited for four years for a once in a lifetime property. Once it hit the market, you acted quickly and helped me score the winning offer.
A self-employed borrower had his eyes on a highly desirable condo for nearly four years when one day it finally came on the market. Excited, he knew he could not miss out on this once in a lifetime opportunity and called us the same day to get pre-approved. We reviewed his documents and noticed his pay structure was a bit unique, but knew we had the perfect program for him. By using his bank statements as an alternative to paystubs, we could document his large deposits and distributions he received from his business to calculate his monthly income. This helped get him his maximum pre-approval amount and put him in a position to make his move. The next day, the seller and agent accepted his offer over a handful of others because they knew about our local reputation and ability to close deals quickly. 22 days after the property hit the market, all paperwork was complete and a once hopeful dream of owning this home had finally turned into his reality.
With my former lender, I felt like I was just another loan, but to you, I was a customer and a top priority.
A first time home buyer was working with his local credit union to purchase the home he was currently renting out from his landlord. Neither he nor the seller opted to use a Realtor, so when the seller went dark for nearly three weeks, the buyer became concerned. In a panic, he thought that the lack of communication from the seller and lack luster service from his lender would delay his loan, so after reading about us online, he gave us a call. As soon as we met with him, he noticed the difference in our hands-on approach, and felt educated and informed about his options. We not only helped get his loan approved quickly, but stepped in and communicated directly with the seller and ensured that all parties were up to date throughout each stage of the process. After we closed, the buyer was so pleased we’d went the extra mile, he’d already referred three of his friends to us to take care of next!
Living out of a trailer for months while battling health problems was not ideal. You kept our spirits up and kept our loan moving forward.
After selling their home and moving across the country, an elderly couple was temporarily living out of their campsite trailer while they searched for a more permanent place. They were working with another lender who wasn’t meeting their expectations or accommodating their needs for a low down payment program, so their Realtor referred them to us. The borrower was a former Veteran with costly medical expenses, so we searched loan options to fit their budget and pre-approved them for a 0% down VA loan and down payment assistance grant that would cover all of their out of pocket costs. Several months later, after losing out on a deal because of seller renegotiations and repairs, they finally found a multi-unit home that provided multiple benefits: an ideal location and additional rental unit to offset their new mortgage payment. After living in a cramped space, battling bad weather conditions and medical treatments, they were thrilled to finally move out of their tiny trailer and into their newfound treasure!
After our parents passed away and left us their home, you advised us on a solution that benefited our family and our finances.
Two siblings were living together in a home they inherited several years after their parents passing and decided it was time to make some decisions about what to do with the property long-term. The sister wanted to get a place of her own while her brother preferred to stay in the house. Because they each had an ownership interest within the property, they reached out to us for advice on the best plan. We explained that even though the sister was the only one on the current loan, she could sell the home to her brother through a gift of equity. Without a Realtor covering the transaction, we helped them execute their purchase, adjusted their loan amount to all cover closing costs, and got them each their equal share of funds. Both siblings were able to benefit financially without letting the house they grew up in go, and are now enjoying their independence and their individual homes.
when my interest-only loan payment was set to rise, you saved me nearly two thousand dollars a month by refinancing.
A homeowner was up against the clock when his 10-year interest only mortgage was set to amortize into both principal and interest – resulting in a whopping $1,500 per month increase. He had to get out of his loan and after receiving no results and failed promises from five other lenders, his Realtor advised he speak with us. Upon reviewing his documentation, completing his refinance before his current loan would amortize was not the only challenge. He had complicated income that stemmed from multiple investments and credit in need of repair. We patiently but swiftly worked with him to restore his credit and found a loan program that met his income structure and financial needs. Not only did he get out of his high rising loan, but with his new mortgage and lower rate he’s now happily saving nearly $2,000 a month!
Foreclosure and bankruptcy hurt us once before, but you helped us become proud homeowners again.
After claiming bankruptcy and foreclosing on their home years ago, a couple was nervous but ready to buy again. Initially, they began the process with another lender, and during the week of their scheduled closing, a routine automated bank transaction was mistakenly flagged as a late payment on their credit report. Because any recent lates are not allowed in cases of prior foreclosure, the bank denied their loan and they lost out on the home. Feeling discouraged, but ready to try again, they came to us with little hope. After reviewing their loan options, we then documented their past financial hardships and wrote a letter of explanation for their late payment error. This painted a clear picture of their past and present financial history, and allowed us to approve them for their new construction property, building not only a new foundation for their new home, but their future.
You gave new meaning to our Thanksgiving after another lender denied our loan days before closing.
A couple was working with another lender after making an offer on a one-of-a-kind home they had fallen in love with. On the day before Thanksgiving, 14 days before closing, the lender denied their loan because they didn’t know how to properly document their non-traditional teaching income. In a panic and afraid they might lose the home and their initial deposit, they called us in desperation on Thanksgiving day. We met over the weekend, quickly assessed their file and determined we could use the borrower’s semi-annual income as long as we documented it properly. With 12 business days to go, all crises were averted and we closed without a hiccup.