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As with anything like this, some are scams, some legit but poorly organized or run, some legit. There are a few new companies set up by hedge funds just getting into rentals and into buying foreclosed properties in good shape, which they then rent or lease and will, in some cases, allow rent to partly apply to purchase.
Before you even think about this type of arrangement, you should have it THOROUGHLY reviewed by a lawyer, because once you get into it you will be stuck, and most likely there will be a LOT of terms restricting your investment. Considering the average person moves every 5 years or so for employment or family or medical reasons, and generally these sort of arrangements have to be carried through to completion to get ANY of your investment back out of the deal, it is generally a losing proposition for almost everyone - a fact the companies count on.
Mortgage Lending reviews in Lowell
(and , office manager) have earned a spot on ...MoreRead more of this review that roster. I was extremely impressed, and everything came together beautifully and in record time. I came to late in the game, taking an assignment of someone else's purchase, yet still having a firm closing date only 3 weeks out, after which I would money. Some companies could not possibly perform; Mr. knows how to take care of business and got it done. I had the appraisal back in just a couple of days. He was extremely responsive; I got documents to him as quickly as possible, and it just worked. We were the first loan to close at our particular Title Company under the new TRID rules, so there was some concern, but it all closed on time, and we are very happy with our rate, and our new home.
Meanwhile, I'm selling another home and the process is not going as smoothly or as quickly. Wish I had recommended to my Buyers!
He is now "my" mortgage broker! Thanks, and ! Fantastic job.
needed to complete the application. I took longer than expected to gather some
of the documents. was quick to respond to any questions we had, he was
able to get the entire process finished in about 6 weeks. We were able to sign final
...MoreRead more of this review /> loan docs with Szlavich at Ticor Title in St. Helens
which was convenient for us. The broker fee
was actually lower than the original cost of $3,600 because was able to
get a $4,207 credit for us from the lender. I was not expecting it to go as
smoothly as it took 10 weeks on a previous loan with Wells .
I chose at because his rating
was excellent on Angie’s List. I was looking for someone local, I was
not comfortable sending our personal information out of state. To the fellow
that complained about not getting what he wanted immediately, was
probably working on my loan. manages his own business and provides
quality service to his clients and customers.
Mortgage Brokers in Lowell, MA
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