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When financing very
expensive properties you will likely be presented with unique situations that
will require expertise and understanding to complete the loan transaction. If
the mortgage broker does not understand the issues, they will be unable to
present it to various banks in order to secure the best financing. MortgageMax,
Inc. provides you with knowledge ranging from handling simple loans, to
processing loans with complexities such as the following:
- Holding title in one
spouse’s name while holding the debt in the other spouse’s name.
- Assets held in an
offshore asset protection trust.
- Wanting to hold the
home in a revocable living trust.
- Current assets held in
an irrevocable trust.
- Current assets held in
a family limited partnership or family corporation.
- Individuals are
retired and have only investment income.
- Investment income is
sheltered and may not show up on tax returns such as distributions, certain
real estate transactions, charitable remainder trusts and tax-free bonds.
- Income, such as stock
collars, commodity investments, and investments in rare art, coins, stamps,
cars, etc., is complex and difficult for the bank underwriter to understand.
- The individual(s) are
not United States Citizens.
- The property, if
considered resort area property, can be an issue with some lenders.
- The property is a
second, third or forth home.
MortgageMax, Inc. also handles investment properties, lot loans, construction
and commercial lending with loan officers in Evergreen, Fort Collins, Vail,
Steamboat Springs and Boulder.
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