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Updated over 6 years ago on . Most recent reply

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Adam Horowitz
  • Lender
  • Fort Lauderdale, FL
15
Votes |
22
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Short Sale Lenders that will ride out a downturn

Adam Horowitz
  • Lender
  • Fort Lauderdale, FL
Posted

I am looking to establish a track record with a short sale lender, so if and when credit gets tight, I can have access to funding for short sales. Likely, will go with the lenders that already have a short sale or foreclosure lending product, for obvious reasons. 

Bottom line, I am looking for a lender that has an iron stomach during a correction. Any suggested lenders? 

Most Popular Reply

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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
13,508
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23,418
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Wayne Brooks#1 Foreclosures Contributor
  • Real Estate Professional
  • West Palm Beach, FL
Replied

No such thing as a "short sale lender".....you're getting a regular traditional mtg based solely on your credit/income and the subject property appraisal.....doesn't matter if it is a regular, REO or short sale.

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