In today’s competitive real estate market, we’re seeing more and more appraisals come in below the purchase price of the home.
How do we help you overcome that? The strategy that we use at NEO Home Loans is called an appraisal gap strategy. We have loan programs that will enable you to go to higher loan to values, and oftentimes will help you borrow the difference between where the appraisal came in and your purchase price so that you have little or no additional cash due at closing.
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