Danny was professional and helpful. He certainly took the time to explore all possible options. Unfortunately, I was looking for help on an upside-down loan, and we couldn't find a way to get it done. Only reason for rating of 4 and not 5 is that the quote I received was a bit misleading, or at least i interpreted it differently than how it ended up. In any case, Danny struck me as a legit broker and a good guy, I would work with him again.
Thank you for the review bud... For those of you out thereâ?¦ I do want the business and therefore will go over and above the description of any LO! Realistically there are 4 options to review when upside down... Streamlining a current FHA or VA loan even a Fannie Mae loan if the Fannie Mae loan was opened with no less than 10% equity and even then Fannie may not work out... 2nd a short pay... Short Pays might be an option for folks that currently hold high risk mortgages such as adjustable rate mortgages and have little exposable cash... 3rdâ?¦ borrower liquidates other assets, begs or borrows cash to pay down the principal balance... 4th an appraiser blows out the value... not something that you will find me talking about.