A client was referred by his mother (who is also one of our clients) because he wanted to buy a second home. Between the years of 2012 and 2013, his income was over $1,000,000. It seemed that we would have no problem receiving a loan approval.
However, his company’s P&L (Profit & Loss) statements for 2014 showed declining income. This was the reason why his loan was turned down by one of the major banks that we regularly do business with.
Luckily, we had a back-up plan. His loan package was submitted to another bank that approved the loan.
Here is what another happy client wrote about out services:
I had a critical situation – my original lander denied me a loan the day when I had to remove my loan contingency. My former mortgage broker messed up my file making several mistakes and miscalculations. As a result, I was about to lose the property of my dreams that I was so excited to find after about one year of searching. I was referred to the Pacific Bay Financial as the “mission impossible” team! They immediately responded, deep dived into my file, and I was able to remove my loan contingency just in time not to loose my home. Against all odds I was able to close with Manny’s team and lender only 3 days later than my original mortgage broker planned. And Manny’s team started the entire process from scratch 12 days later than my former mortgage broker. What an amazing work! Pacific Bay Financial Corp. are true masters of the mortgage business! You can rely on this team in most challenging cases!
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Don’t Forget to Attend Our November MeetUP Event
 Date: Thursday: November 13, 2014 RSVP on Facebook OR email Ausra@Pacbay.net |