Merchant looking to refinance her house
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  1. #1

    Merchant looking to refinance her house

    I have never done this type of lending, so I am new to this.

    The merchant's credit score is 650.

    Her house is in FL and bought it in May 2018 for $750k - She owes about $630k and her rate is 7.990%

    Any help here in the right direction would be great!

  2. #2
    Member Reputation points: 499 FifthVenture's Avatar
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  3. #3
    Senior Member Reputation points: 243073
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    Do NOT work this file. You'll need a proper real estate broker's license. Just refer to a friend with one, maybe they'll pay you maybe not. Just do yourself a favor a walk away. Primary residences are not something brokers like ourselves want to touch.

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