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ACC Mortgage Provides Bridge Loan
The long-time bank of an astute and experienced businessman would not provide him with a short-term bridge loan. The owner and developer of several multi-million dollar beach homes, this customer needed a short-term cash loan while he marketed and sold the properties he had developed. ACC Mortgage provided him with the necessary capital, and was able to keep the loan to value under 40%.
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Popular Key Largo Bar/Restaurant Pays Off Balloon Note
Popular with locals and tourists alike, this Key Largo restaurant & bar needed financing to pay off a balloon note. ACC Mortgage was able to approve and establish a commercial loan with terms that made sense for this Florida business.
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Commercial Loan Pays Off Land Installment Contract
A commercial loan underwritten by ACC Mortgage paid off a land installment contract and established a mortgage, allowing the customer to refinance the property with their local bank six months later.
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Estate Share Purchased, Credit Scores Increased
Wishing to buy out another heir's share of an estate, this client contacted ACC Mortgage for help. The estate share was purchased, and the client's credit scores increased significantly as the ACC Mortgage loan allowed him to re-establish and clean up his credit.
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Improved Cash Flow = Facility Improvements
The owner/operator of an adult care facility needed to improve cash flow to complete updates and improvements to the facility. ACC Mortgage funded and closed a full debt consolidation and cash-out, allowing the owner to improve his property and his cash flow. |
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The American Dream Funded By ACC Mortgage
While in the US on a student visa a foreign national was able to fulfill the American Dream of home ownership by purchasing a bank-owned property with a mortgage from ACC Mortgage. |
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LLC-Held Investment Property Refinance Leads to Additional Investments
ACC Mortgage recently completed a refinance on a property held by an LLC. Using funds made available by the refinance the investors were able to purchase an additional investment property. |
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Beach House Refinance Saves Primary Residence from Foreclosure
Refinancing a beach house was through ACC Mortgage was a smart strategy for this customer. The refinance allowed this customer to access the equity in their second home to prevent foreclosure on their primary residence. |
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Low Credit Scores & Multiple Lates - Approved
A credit score of less than 520 and multiple lates on the existing mortgage because of a divorce situation made traditional lending options unavailable. ACC Mortgage was able to approve a mortgage loan, allowing the property buy-out that both parties were seeking. |
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$1MM Commercial Real Estate Deal Closes In 17 Days
A $1,000,000 loan funded for a former professional athlete and his investment group. Secured by commercial real estate, ACC mortgage completed a 2nd trust loan, blanketing several properties with cash to the borrowers in 17 days.
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$400,000 in Tax Debt Relief + 100 Point Jump in FICO
Leveraging the primary residence and a commercial building ACC Mortgage provided a $400,000 loan to a doctor to cover tax liens and debt in active collection status. Six months after closing, the borrower's credit scores jumped over 100 points, allowing a refinance into a conventional mortgage.
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No Doc 70% LTV Results in $50,000 Profit for Borrower
Even with 740+ credit scores a real estate investor looking to purchase, rehab and sell a property was unable to secure financing. ACC Mortgage provided a No Doc, 70% loan-to-value deal. Within 6 months the borrower had rehabbed the property and sold it, resulting in a $50,000 profit.
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Not Seasoned on Title - Short Term Loan Makes Home Handicap Accessible
A loan from ACC Mortgage for debt consolidation and home improvements results in an FHA refinance 6 months later. The borrower was able to make the her father's home handicap-accessible and consolidate her debt. Half a year later, with substantially increased credit scores she qualified for FHA financing.
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Ballon Loan Refinance on 3-Unit Property Closes in 12 Days
A real estate investor needing to refinance his balloon loan on a 3-unit property quickly closed with ACC Mortgage in 12 days, start to finish. |
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Developer Avoids Foreclosure by Refinancing with ACC
Short on cash and with several halted projects this real estate developer was about to lose one of his properties to foreclosure. ACC Mortgage refinanced his home and a commercial business, providing him with cash to move his projects forward and save his at-risk properties. |
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Business Owner Consolidates Debt, Buys Equipment, Builds Business
When traditional lenders would not lend to a contractor with a growing business he approached ACC Mortgage. Averaging $40,000 a month in revenue but unable to secure a loan for debt consolidation and equipment needed for business expansion he needed to restructure his finances. ACC Mortgage closed the loan for him allowing his business to expand, improving cash flow and increasing his credit scores. |
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Customer Loses Spouse and Job in 2 Months, Needs Help Getting Finances In Shape
The loss of a spouse and job within a 2 month span left this ACC Mortgage customer with seriously damaged credit while she grieved and sought employment. Back at work our customer was still unable to get her financial life back on track. ACC Mortgage provided her with a loan, and 5 months later she was able to refinance into a Fannie Mae loan with increased credit scores and financial stability. |
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Cash Back Quickly from Home Purchase
Needing to close a deal very quickly, this ACC Mortgage Customer paid cash to purchase a property. However, he also needed to recoup some of that cash quickly for other projects. ACC Mortgage was able to underwrite financing on the property quickly, giving the customer a mortgage and providing him with a large portion of the cash he had paid for the property.
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Inherited Property Financing Increases Property Value and Credit Scores
An inherited property needed extensive repair and a sibling needed to be bought out by an ACC Mortgage customer with outstanding judgments and student loans. The ACC loan allowed this customer to make repairs that significantly increased the value of the inherited property, paid off his outstanding debts, and increased his credit scores by 80 points in 4 months. |
