Clients were looking to consolidate all of their high interest revolving debts which was over $3,500 per month in payments. Clients had excellent income. Their first mortgage was coming up for maturity in six months, they wanted short-term financing until they could refinance.
Recently Funded
Debts piling Up?
Freedom Capital successfully placed a 2nd mortgage behind another private lender to assist a self-employed client consolidate outstanding debts due to Covid.
Mortgage Amount : $124,000.00
Cover Shortfall
Rush closing in 2 business days. Client was short funds for his new purchase due to a sale on his residence collapsing. We obtained a 2nd mortgage equity take out loan to cover the shortfall so client could complete on time.
Mortgage Amount : $240,000.00
Vacation Home Equity Pull
Clients were seeking an equity take out second mortgage to use as down payment to purchase another property. We are now looking to finance the new purchase at 100% financing (including the downpayment).
Mortgage Amount : $500,000.00
Rush Closing
$1.2 Million equity take out towards a purchase of a below market investment. Approval in less than 3 hours. Closed in 2 days!
Mortgage Amount : $1,200,000.00
Debt Consolidation
80% LTV on a 2nd mortgage to consolidate high interest debt. We funded this file with competitive pricing, quick closing and minimum documents.
Mortgage Amount : $80,000.00
Pull Equity for Cash Flow for Business
Repeat client with self employed income and high beacon scores. Looking to pull equity for cash flow for business until home sells.
Mortgage Amount : $170,000.00
Invest in your Business!
Freedom Capital successfully placed a 2nd equity take-out mortgage at 75% loan-to-value behind a large 1st mortgage to help the client invest those funds in a business investment opportunity.
Mortgage Amount : $275,000.00
Preferential Rates
REALTORS! Freedom Capital can help your clients AND you! Freedom Capital was able to assist a Local Realtor refinance her 2nd mortgage with our preferential rates
Mortgage Amount : $113,300.00
Brokers helping Brokers
Brokers helping Brokers! Due to our exclusive relationship with our lenders, Freedom Capital was able to assist another Broker refinance his property with a new 2nd mortgage
Mortgage Amount : $200,000.00