Agent2Agent in Palo Alto>Review Details

Misti.bradley, Home Buyer in Palo Alto, CA

Banks won't loan her money because they can't attach their name to her trust fund. The annuity department won't let them attach

Posted by Misti.bradley, Palo Alto, CA Tue Sep 18, 2012


Hello Misti, It only takes a few dozen questions to approve your client in minutes. These days we have full documented loans so we would only need a copy of her trust fund statement and bank statements showing them deposited monthly. Do they have down payment and closing costs saved? If not, the CHF Access half percent down payment program with a minimum 580 fico score which can also contribute towards their closing costs as well.
Sheryl Arndt, Real Estate Broker – Sr. Loan Officer
REO & Short Sale Specialist
20+ Years Experience
DRE# 01140252
NMLS# 297251
0 votes Flag Wed Sep 25, 2013
We have a loan that will allow her to borrow money based on what we can demonstrated she has been receiving in the past.
It is called Asset Depletion.
Let me know if you are interested in discussing further.
0 votes Flag Thu Sep 20, 2012
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