Mortgage underwriters (the people who actually “approve” your loan when you’re buying a house or refinancing) like to think that everyone fits into a little square box with a nice big ribbon on top. But homebuyers are not all the same.
If you have a situation that may be a bit outside the box, don’t worry. We have a wonderful resource for portfolio loans in Northern Virginia! (Portfolio loans are loans that are held by the lender, rather than being sold on the secondary market. As a result, the lender can often be more flexible in their underwriting guidelines.)
Here are some examples where our lender partner may be able to help you:
There are lots of other ways our lender can help. If you don’t fit inside that neatly wrapped borrower gift box, and you want to buy or refinance a home in Northern VA – don’t give up! Reach out to our lender, Paul Diaz with New Penn Financial. There’s a good chance he can help!