Borrower Scenarios
- How to explain to a borrower the effects on Equity Position Over Time(amortization) when taking all cash at closing vs taking $0 cash at closing.
- How to explain a HECM CMT to a borrower who is short to close.
- How to explain a HECM CMT vs. a HECM Fixed to a borrower for a refinance? free/clear or mtg?
- How to explain a HECM CMT to a borrower for a refinance. free/clear and payoff mtg?