JUST FUNDED! Bank Statement Loan – Rate & Term Refinance We’re thrilled to share another successful rate and term refinance that’s officially CLOSED & FUNDED!

This one was no easy task—the property was a pre-1976 manufactured home, which made finding a lender quite a challenge. Our client had purchased the property using a short-term Fix-and-Flip loan and needed to transition to a 30-year fixed loan. To add to the complexity, the appraisal came in significantly lower than anticipated.

Despite these hurdles, we worked closely with the underwriter and secured a few key exceptions to make this refinance happen. It wasn’t an easy process, but we got it done! At Sound Lending Team, we specialize in finding creative solutions for tough loans.