Thursday, January 24, 2013 - Article by: DoubleA - Cash Cow Funding -
Tampa, FL -
Double A Mortgage comes to the rescue of seemingly unsellable homes and unloanable buyers. Double A makes use of some powerful attorneys to transfer mortgages and deeds to and from unsellable homeowners to unloanable buyers. The company, owned by Andrew Alfonso, is helping the public by providing some creative legal financing.
According to Alfonso, "What whe have now is a market of unsellable homes and unloanable buyers. Credit guidelines are changing daily. Meanwhile, the value of homes continues to drop." Alfonso explains that with this legal process the attorneys request permission from the original lending banks to remove the original non-assumable clauses. Pretty simple when you think about it. Therefore, the new buyers are not subject to credit reports, bank underwriting and appraisals. However, they must prove beyond a shadow of a doubt that the matches between the buyers and sellers are done more responsively than ever before. Most buyers have a small cash downpayment ;and that is all they need. The homeseller gets to unload a home that is most likely under water with no equity. Buyers cannot get bank loans accepted and understand that in the long term their investment in the home is secure. Double A. Mortgage also does some of the lowest refinancing in the area. Most refinancing even comes with a free appraisal.
What's the bottom line?----Whereas at one time a would-be homeowner could not a bank loan, now he can get one. As for the homeowner who might otherwise be sitting on negative equity, now he has the opportunity to be debt free and clear his name. Meanwhile, the banks that are holding the loans now end up with performing assets versus non- performing assets (foreclosure).
Double A. Mortgage has built a strong reputation as an outstanding mortgage brokerage firm serving the lending needs of real estate professionals, builders and individual home buyers throughout the United States. Double A. Mortgage is a full-service correspondent lender with an experienced staff offering expertise in every area of mortgage lending from purchase to refinance to construction lending. It has access to a full range of mortgage sources. All of its lending specialists are dedicated to finding the right loan with the best rates, terms and costs to meet each client's unique needs. Believe it or not, that is just the beginning of the company's service. Throughout the lending process, Double A. Mortgage provides regular loan updates and progress reports so clients always know the status of their loan. For more information, contact Andrew Alfonso at 1-813-601-0221, visit the website at www.andrewalfonso.com / Email at andrew@doubleamortgage.com
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