Initial fit review
We compare the address, loan balance, full monthly payment, status, property condition, equity, and your objective. This is screening—not approval.
The transaction, checkpoint by checkpoint
Nothing important should hide behind “we take over.”
A responsible existing-financing purchase begins with verification, written choices, and time for independent review. Here is the process we expect a qualifying transaction to follow.
Six checkpoints
From first call to recorded deed.
Timing depends on title, the loan, arrears, insurance, state law, seller readiness, and the closing professional. A fast timeline is possible only when the facts support it.
A form does not stop foreclosure. Keep communicating with your servicer and seek legal or HUD-approved housing guidance if a deadline is near.
Document verification
Current statements, payoff or reinstatement figures, note terms, taxes, insurance, HOA obligations, title, liens, and ownership are checked with permission.
Property review
We assess condition, occupancy, access, needed repairs, market rent or resale support, and any health, safety, code, or casualty issues.
Written proposal
The proposed purchase price, seller proceeds, existing debt, payment handling, insurance, taxes, reserves, closing date, and conditions are written down.
Independent closing review
A qualified title company or attorney handles the closing as applicable. Sellers are encouraged to choose independent legal, tax, and financial advisers.
Closing and documented servicing
Documents are signed and recorded, funds are disbursed through closing, and the agreed payment-verification and servicing process begins.
What we ask for
Documents turn a story into a reviewable transaction.
Do not send passwords. We need statements and documents, not access to your online banking or mortgage account.
Financing snapshot
- Recent mortgage statement
- Current payoff or reinstatement quote
- Escrow, tax, and insurance status
- Second liens, solar loans, or assistance liens
Ownership picture
- Names of all current owners
- Probate, divorce, trust, or entity documents
- HOA status and assessments
- Known judgments, liens, or bankruptcy
Condition and use
- Photos or a scheduled walkthrough
- Occupancy and lease information
- Major repairs and insurance claims
- Your move-out and closing needs
Before signing
Questions the documents must answer.
| Topic | The question | What good documentation shows |
|---|---|---|
| Borrower liability | Does the seller remain obligated to the lender? | Whether there is a lender-approved assumption and a written release—or no release. |
| Due-on-sale | Can the lender accelerate after transfer? | The contract language, applicable law, disclosed risk, and response plan. |
| Payments | Who pays, who verifies, and what happens if late? | A servicing method, reporting access, reserves, notices, and default remedies. |
| Insurance and taxes | Will coverage and escrow stay valid? | Carrier and closing-professional guidance, named interests, premiums, and responsibility. |
| Exit | When and how is the existing loan ultimately paid? | Any target, requirement, balloon, resale, refinance, or payoff language—without unsupported promises. |
No-pressure property review
Bring the statement. We’ll bring the questions.
Send the address, approximate loan balance, and monthly payment. We will tell you whether a payment-takeover structure deserves a closer look—or whether another route is likely better.