EHL's Delayed Mortgage Program
With our Delayed Mortgage Financing Program, EHL's clients are able to win bidding wars with an all-cash offer upfront, close with their cash reserves, and recoup their assets once the transaction closes without having to wait the traditional 6 month seasoning requirement.
Program Details:
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Beat out the competition with stronger cash offer.
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Consider a broader range of properties.
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Allows investors to remain liquid.
How Does Delayed Financing Work?
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Purchases a property in cash.
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Apply for the Delayed Mortgage Program.
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Client utilizes the cash received at closing to replenish cash used to acquire the property.
Fine Print:
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Conventional mortgage guidelines, limits and ratios.
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Funds may be obtained from personal accounts and loans not secured by the subject property.
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Application must be made within 6 months of the closing date.
Eligibility requirements, exclusions and other terms and conditions apply.
