Posted by Christi-FL on January 16, 2002 at 23:06:33:
I recently worked a deal to generate cash at closing for a non conforming property with SUNVEST INC. out of Northern CA. I approached Mike with the details on the property, the structure of the deal I was looking to set up and what the seller’s needed to walk with. He helped every step of the way and ended up buying the seller held mortgage at a discount to generate the cash they needed. You’ll want to talk to Mike Morrongiello at SunVest (707)939-9450 or MikeM@SunvestInc.com. This worked great for the non conforming property I found! I also got the benefit of a 30 year term mtg with no prepay penalty and no junk fees (doc prep fee, origination, points, etc!)!!