Drop Mortgage was founded on the idea that underwriting should “make sense”. The problem with mortgage lending these days is that if you don’t fit in a specific box, your loan most likely will be denied. At Drop Mortgage, Inc. we take a common sense approach to looking at your loan. If you have compensating factors or can demonstrate the ability to pay in an unconventional way, we might still be able to approve your loan. If you have a credit event like a short sale or foreclosure, we understand and can overlook it if you have a good reason for it. Additionally, we use methods like “depleted assets” or “cross-collateralization” to work around traditional guidelines. We thrive in the super jumbo area, even after a foreclosure or short sale. Contact us for more info, you might be glad you did.
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